Rio Tinto Rejects Latest Offer
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The board of the mining company said BHP Billitonâs improved takeover offer of about $147 billion still undervalues the company significantly.
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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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The London Stock Exchange has rejected a Â£1.35bn offer from German market Deutsche Boerse, but says fresh talks are possible.
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Business & money: Rio Tinto strengthens claim that its rival BHP Biliton's hostile bid is undervalued
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Wes Brown could leave Manchester United in January after rejecting a new deal.
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DEUTSCHE Borse yesterday put flesh on the bones of its plan to take over the London Stock Exchange - but its current 530p offer was again rejected by the LSE and the Germans refused to rule out going hostile.
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Rio Tintoâs $38.1 billion bid exceeds a $28 billion offer from Alcoa Inc. that Alcanâs board roundly rejected.
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STOCKHOLM -- Scania AB and two of its major shareholders rejected a $12.2 billion takeover offer from Germany's MAN AG yesterday, with one investor saying the offer did not reflect the truck maker's value.
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BHP Billiton, the world's biggest miner, is preparing a hostile bid for peer Rio Tinto whose board has turned down a friendly approach worth billions of US dollars, British newspapers said Sunday.
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Scottish & Newcastle rejects an improved 780p-per-share bid proposal from Carlsberg and Heineken.
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Australian nickel and copper miner WMC Resources has rejected aA$7.4 billion (3 billion pounds) takeover bid from Swiss-based Xstrata, but has left the door open for a higher offer.
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The London Stock Exchange said Monday that it had rejected a fresh takeover proposal from German rival Deutsche Boerse but has agreed to further talks.
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LONDON/MONTREAL  - Rio Tinto  , the world's second-biggest miner, is considering gate-crashing Alcoa Inc.'s  $28.6 billion hostile bid for Alcan Inc.  , sources familiar with the matter said on Friday.
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Scottish & Newcastle rejects a conditional 720 pence-a-share cash offer from Carlsberg and Heineken.
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Anglo-Australian mining giant BHP Billiton say it has made an offer worth $147bn to buy rival Rio Tinto.
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The British insurer Prudential said on Sunday that it had rejected an approach from a potential bidder for its online bank Egg.
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German industrial group MAN AG   MANG.DE made a 9.6 billion euros ($12.2 billion)   cash-and-share offer for Scania AB SCVb.ST, which the Swedish   truckmaker and a key shareholder immediately rejected on   Monday.