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BHP Billiton bid for rival driven by mining boom
- Source :
- Wall Street Journal. Europe. Nov 9, 2007, A1
- Publication Year :
- 2007
-
Abstract
- The world's biggest mining firm, Australia's BHP Billiton Group, made a $142 bil offer for Rio Tinto Ltd., which turned down the bid. BHP has indicated it would continue to bid, setting up what could possibly be the second largest ever merger deal by value and creating the globe's biggest producer of aluminum and copper.
- Subjects :
- BHP Billiton Group -- Planning
BHP Billiton Group -- Mergers, acquisitions and divestments
Rio Tinto Ltd. -- Planning
Rio Tinto Ltd. -- Mergers, acquisitions and divestments
Mineral industry -- Planning
Mineral industry -- Mergers, acquisitions and divestments
Mining industry -- Planning
Mining industry -- Mergers, acquisitions and divestments
Company business planning
Company acquisition/merger
Banking, finance and accounting industries
Business
Business, international
Subjects
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.171011344