Xstrata rejects 'bid' from Brazilian miner Vale
32060
Anglo-Swiss mining group Xstrata has rejected an informal takeover approach from Brazilian peer Vale worth 76 billion dollars, a deal that would create the world's biggest mining company, the Financial Times reported Tuesday.
490754
XSTRATA saw its shares fall 1.4 per cent yesterday after the London-listed miner said it was taking its A$7.4 billion (Â£3.12bn) offer for Australiaâs WMC Resources hostile, following a rebuff from the WMC board last month.
715091
Australian prospector Midwest Corp  rejected a $1 billion-plus takeover proposal from its major shareholder, the Chinese commodities trader Sinosteel, emboldened by another big hike in iron ore prices this year.
284588
MELBOURNE: Swiss-based miner Xstrata said on Monday it would take its A$7.4bn ($5.8bn) bid for Australiaâs WMC Resources directly to shareholders, turning hostile after WMCâs management rebuffed its offer last month.
305760
MELBOURNE (Dow Jones)--Swiss-based Xstrata Plc (XTA.LN) Thursday put WMC Resources Ltd. (WMR.AU) in play, offering A$7.4 billion for the Australian miner that represents the start of a long bidding war.
534003
The London Stock Exchange  reiterated on Tuesday its rejection of a 2.7 billion pound ($5.3 billion) bid from U.S. rival Nasdaq Stock Market Inc .
243588
The Swiss mining company Xstrata began a hostile $5.8 billion bid for the Australian mining company WMC Resources yesterday, in what analysts said could turn into an international bidding war
31551
Gold Fields Ltd. rejected an $8.1 billion takeover bid by smaller rival Harmony Gold Mining Company Ltd. as inadequate on Monday, despite the support of its largest stakeholder.
516386
Anglo-Australian mining giant Rio Tinto on Thursday reiterated its opposition to a takeover proposal from BHP Billiton in a letter to shareholders outlining latest developments in the bid.
636384
Anglo-Swiss miner Xstrata Plc   and Brazil's Vale (VALE5.SA) have been in serious talks over a  46 billion pound ($90.6 billion) takeover but the miners appear  to have reached an impasse, the Financial Times said.
423794
The London Stock Exchange rejects a Â£2.7bn takeover bid from US firm Nasdaq, saying it undervalues its business.
103493
Swiss reinsurance group Converium has said that it had rejected a takeover offer worth 1.9 billion euros from French company Scor.
216389
Swiss mining group Xstrata PLC Monday launched a hostile 7.4 billion Australian dollar (US$5.8 billion; euro4.4 billion) bid for uranium and copper miner WMC Resources LTD, increasing pressure on the independent Australian miner.
746010
Shares in Anglo-Swiss miner Xstrata   climbed as much as 3.2 percent on Wednesday, as traders  cited persistent market talk of a bid from Brazilian mining  giant Vale (VALE5.SA).
45975
Brazilian mining giant Vale  said on Monday it has held talks with Anglo-Swiss rival Xstrata  about a potential acquisition that have yet to lead to a formal bid.
490321
The aluminum producer Alcoa said in a statement that it would continue to pursue its $27.4 billion cash and stock bid for a rival, Alcan, despite the Canadian companyâs rejection of the offer. But Alcoaâs chairman and chief executive, Alain J. P. Belda, said that the company would not enhance the proposal, which Alcan called inadequate. âWe have studied Alcanâs response and have not seen anything that would lead us to re-evaluate our offer,â Mr. Belda said. He also rejected suggestions by Alcan that Alcoa would have difficulty obtaining antitrust approval for the merger and urged Alcanâs board to resume its examination of the bid.
247128
Everton reject a Â£20m bid from Newcastle for England striker Wayne Rooney.