The Age logo The Age 1 month ago

BHP could return for Rio bid

RIO Tinto Group still makes the "most sense" as a takeover target for the world's largest mining company, BHP Billiton, 11 months after BHP abandoned a bid, Citigroup says. Full Article at The Age

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  1. Nov. 6 (Bloomberg) -- Rio Tinto Group still makes the “most sense” as a takeover target for the world’s largest mining company BHP Billiton Ltd. , 11 months after BHP abandoned a bid, Citigroup said. Full Article at Bloomberg.com

  2. BHP Billiton boss Marius Kloppers has made it clear the mining giant is keen for more big joint ventures after striking an iron ore deal with arch-rival Rio Tinto in June. Full Article at Herald Sun

  3. F abrice Taylor is a chartered financial analyst. ftaylorglobeandmail.com At roughly 30 times this year's earnings, Potash Corp. of Saskatchewan Inc. shares aren't going up because they're cheap. Full Article at Globe and Mail

  4. LONDON -- Xstrata's deal of the decade has just been put on hold. The globally-diversified mining giant said Thursday that it was walking away from a $48 billion merger proposition that it made to platinum and diamonds miner Anglo American in June. Full Article at Forbes

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  1. NEW YORK - NOVEMBER 22: Chairman of Citigroup Richard Parsons attends the opening night of ''Dreamgirls'' at The Apollo Theater on November 22, 2009 in New York City.
  2. Primus Financial Managing Director, Chairman and Co-Chief Executive Officer Robert Morse speaks during a news conference in Taipei October 13, 2009.
  3. SOUTHPORT, CT - AUGUST 02: The home of Andrew Hall, the controversial recipient of a reported $100 million bonus from Citigroup, is viewed on August 2, 2009 in Southport, Connecticut.
  4. BHP Billiton Chairman Don Argus speaks at the company's annual general meeting in Brisbane November 26, 2009. Argus is due to retire in early 2010 after more than 10 years as chairman, presiding over the group's transformation into the world's biggest miner.

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