...the rumour of a deal. The attitude of the Rio Tinto board was unanimous rejection, a position that did not waver until BHP Billiton sounded the death knell on the offer last Tuesday. From the outset, newly crowned BHP Billiton chief executive Kloppers -...
...22 November that global market conditions were proving challenging for the steel industry and its raw materials providers," BHP Billiton head of ferrous metals and coal Marcus Randolph said. "Manganese ore and alloy are entirely dependent on the carbon...
...until BHP Billiton sounded the death knell on the offer on Tuesday November 25 this year. From the outset, newly crowned BHP Billiton chief executive Marius Kloppers - who unveiled the deal just six weeks after taking up his post - argued the combination...
...power, it was manageable. London-based Rio Tinto's share price has tumbled since BHP Billiton withdrew its bid, while BHP Billiton's have surged. On Thursday, BHP Billiton's share price rose more than 5 percent to Australian dollars 28.80; Rio Tinto's...
Background
BHP Billiton is the world's largest primary resources company. It was created in 2001 by the merger of Australia's Broken Hill Proprietary Company (BHP) and the UK's Billiton, which had a South African background. The result is a dual-listed company.
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16 hours ago from New Zealand Herald