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Antitrust officials scrutinize proposed BHP-Rio Tinto deal
- Source :
- Wall Street Journal. Europe. Feb 8, 2008, A1
- Publication Year :
- 2008
-
Abstract
- Japan's Fair Trade Commission and the European Union have together launched informal discussions as to whether a merger between Australian mining firms BHP Billiton Ltd. and Rio Tinto Ltd. would create an entity with excessive power over iron ore prices. BHP has sweetened its offer for Rio Tinto with an all-stock bid valued at $147.4 bil; however, Rio Tinto's board rejected it.
- Subjects :
- Japan. Fair Trade Commission -- Laws, regulations and rules
BHP Billiton Ltd. -- Planning
BHP Billiton Ltd. -- Mergers, acquisitions and divestments
BHP Billiton Ltd. -- Laws, regulations and rules
Rio Tinto Ltd. -- Planning
Rio Tinto Ltd. -- Mergers, acquisitions and divestments
Rio Tinto Ltd. -- Laws, regulations and rules
Mineral industry -- Planning
Mineral industry -- Mergers, acquisitions and divestments
Mineral industry -- Laws, regulations and rules
Mining industry -- Planning
Mining industry -- Mergers, acquisitions and divestments
Mining industry -- Laws, regulations and rules
Antitrust law
Antitrust issue
Company business planning
Company acquisition/merger
Government regulation
Banking, finance and accounting industries
Business
Business, international
European Union -- Laws, regulations and rules
Subjects
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.174370148