Xstrata rejects 'bid' from Brazilian miner Vale
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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.
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LONDON (Dow Jones)--Mining group Rio Tinto Ltd. (RTP) is considering trumping a GBP2.9 billion bid by rival Xstrata PLC (XTA.LN) for Australian nickel miner WMC Resources Ltd.
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MELBOURNE (Dow Jones)--Australian insurer AXA Asia Pacific Holdings Ltd. (AXA.AU) rebuffed Monday a buyout proposal from major shareholder AXA SA (AXA) after it wouldn&#39;t agree to the A$3.
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Australian nickel and copper miner WMC Resources rejected aA$7,4bn takeover bid from Xstrata, but left the door open for a higher offer, which sent its shares soaring.
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Business & money: Shares in world's largest miner down almost 6% in London after hostile Â£75bn takeover bid for Rio Tinto
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The Securities and Exchange Commission has rejected a staff recommendation to bring civil charges against former Global Crossing Ltd.
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Australia's competition body says it would not oppose Swiss mining giant Xstrata's proposed take-over of Australian rival WMC Resources.
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British-Swiss resources group Xstrata relaunched its already-rejected 7.4 billion dollar (3.1 billion pound) bid for WMC Resources, this time pitching the offer directly to WMC shareholders rather than through the company.
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Xstrata on Monday launched a hostile bid for the Australian miner WMC Resources in what analysts predicted could turn into an international bidding war as the global hunt for inexpensive resources to supply China intensifies.
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The London Stock Exchange rejects a Â£2.7bn takeover bid from US firm Nasdaq, saying it undervalues its business.
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Australian flag carrier Qantas Airways said it had rejected a multi-billion-dollar takeover bid from a private equity consortium.
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The chief executive of WMC Resources has denied the company&#39;s share buyback and the sale of part of its business is designed to undermine a takeover offer from Swiss-based Xstrata.
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Mining firm Rio Tinto rejects a $147bn hostile takeover offer from rival BHP Billiton.
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OLYMPIC DAM, South Australia (Dow Jones)--WMC Resources Ltd. (WMR.AU) is pinning its defense from aA$7.4 billion takeover bid by Xstrata PLC (XTA.
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WMC is the subject of a new offer from the Swiss-based mining giant, Xstrata. After last month&#39;s bid through a scheme of arrangement was knocked back, Xstrata has launched an off-market takeover bid for all shares in WMC.
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The London Stock Exchange (LSE) has rejected a proposed offer for the company from Deutsche Boerse valued at 530 pence per share in cash.
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Gold Fields, a gold producing company from South Africa, rejected a bid from its closest rival Harmony Gold as it seemed unattractive to it.