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Rio Tinto Alcan - Bhp Biliton

asiancup2007
asiancup2007
in Jobs, Economy, Banking, Business, Investments

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BHP Billiton makes an offer to buy rival Rio Tinto Rio rejects the notion, says offer significantly undervalues prospects

https://secure3.marketwatch.com/registratio...50120ABFC1%257d LONDON (MarketWatch) -- Top global miner BHP Billiton surprised markets on Thursday with news it wants to buy rival Rio Tinto in a deal that could be worth more than $110 billion.

This has been on the cards for a while. Happy Days ! MLIL BlackRock World Mining and JPMF Natural Resources funds should do very nicely :o

  • Author

rio up a lazy 27%+ as i type

alot of water to go under the bridge yet

samran fund should do well :o

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