BHP Billiton launches $147 billion Rio Tinto bid
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BHP Billiton Ltd/Plc  , the world's No.1 miner, formally launched a $147.4 billion takeover bid on Wednesday for rival Rio Tinto Ltd/Plc .
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Business & money: Rio Tinto has wasted no time in rejecting the advances of BHP Billiton a second time
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BHP Billiton, the AngloAustralian mining group, announced plans yesterday to increase production amid surging demand for commodities.
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BHP Billiton's  might have to sweeten its $147.4 billion bid for rival miner Rio Tinto  to win over shareholders, one fund manager said on Wednesday.
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NEW YORK/SYDNEY  - BHP Billiton Ltd. , the world's largest mining group, is considering a bid to rival a $28.7 billion offer for aluminum producer Alcan Inc. , and has hired investment bank Merrill Lynch & Co. , sources familiar with the matter said.
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Anglo-Australian mining giant BHP Billiton says it is offering to buy rival Rio Tinto in a deal worth about Â£75bn.
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The battle over Rio Tinto intensified after BHP Billiton increased its takeover offer to about $147 billion after a Chinese rival bought a stake last week.
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BHP Billiton must decide by Wednesday if it will proceed with a bid for Rio Tinto after China intervened with a strategic investment that could sharply increase the price of the merger.
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GLOBAL miner BHP Billiton Ltd and the world&#39;s largest aluminium producer, Alcoa Inc, plan to raise up to $US100 million ($138 million) in calendar 2004 by selling shares in their metal-processing
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Anglo-Australian mining giant Rio Tinto said Wednesday that it had rejected a 147.4-billion-dollar (100.9-billion-euro) takeover bid from peer BHP Billiton.
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MELBOURNE - BHP Billiton Ltd./Plc. (BHP.AX: Quote, Profile, Research) (BLT.L: Quote, Profile, Research) , the world&#39;s biggest miner, has approved a $990 million copper project in northern Chile and a $575
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Along with releasing solid results, BHP has upped the ante for rival Rio Tinto.
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Anglo-Australian mining group Rio Tinto says its $38.1bn bid to buy Canada's Alcan has been successful .
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Business & money: BHP Billiton to announce first-half results today as deadline for formal offer for Rio Tinto is reached
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Anglo-Australian mining group BHP Billiton has said it had made an offer to workers at its Spence copper mine in Chile in a bid to avoid another damaging strike.
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MONTREAL/LONDON  - Anglo-Australian miner Rio Tinto Ltd/Plc  offered $38.1 billion to buy Canada's Alcan Inc in an agreed deal to create the world's No. 1 aluminum producer, trumping a hostile bid by Alcoa Inc
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Rio Tintoâs $38.1 billion bid exceeds a $28 billion offer from Alcoa Inc. that Alcanâs board roundly rejected.