Ken West
latest news & developmentsBHP raises Rio bid; no immediate Chinese riposte
BHP Billiton launched a hostile ,4-billion bid for rival Rio Tinto in a move that could trigger a Chinese-led counterbid in the world’s second biggest corporate takeover.…
Rio seen unlikely to counter bid for BHP
Rio Tinto is reportedly considering a counter-bid for BHP Billiton as a defence against a Aus-billion takeover proposal from its bigger mining rival, but analysts said such a…