BHP launches takeover bid for Rio Tinto

1points Posted 617 days, 6 hours ago by Lizzie_P

BHP Billiton, the world's largest miner, said today it had made a takeover proposal to its next biggest rival and fellow Anglo-Australian company Rio Tinto.

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Source: http://www.theaustralian.news.com.au/story/0,25197,22727971-…

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Together the pair are worth $US230 billion ($248 billion).

That is one massive company!

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