M&A

Rumours rise as deadline nears for BHP

RIO Tinto will dish out some $US2.09 billion ($A2.3 billion) to modernise aluminium smelters in Canada and Scotland, while speculation rises that the takeover target has opened its books to potential suitor BHP Billiton ahead of next week's deadline.

MiningNews.Net
Rumours rise as deadline nears for BHP

In separate announcements yesterday, Rio said the planned $US2 billion for its Kitimat aluminium smelter in Canada was set to go ahead after its subsidiary Rio Tinto Alcan and BC Hydro received the thumbs...

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