Rio Tinto CEO leaves door open to higher bid from BHP
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Rio Tinto Chief Executive Tom  Albanese on Sunday left the door open to a sweetened takeover  offer from BHP Billiton, but said Rio would be happy to grow on  its own if BHP walked away.
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Global miner Rio Tinto said Monday it was still discussing 2008 iron ore prices with customers after rival Vale of Brazil won a massive 65 percent increase from its Asian clients.
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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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The world's biggest miner, BHP Billiton Ltd./Plc.  , announced the surprise resignation of Chief Executive Chip Goodyear and set an extra $10 billion in share buybacks, driving its shares up 5 percent.
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Anglo-Australian mining giant Rio Tinto Wednesday said all conditions on its 38.1 billion US dollar takeover of Alcan Inc had been satisfied and most shareholders had accepted its offer.
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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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Rio Tinto Ltd/Plc  said it would spend US$793 million as its share of the cost to extend the Kestrel coal mine in Australia, as it looks to internal growth to fight off an unwanted approach from rival BHP Billiton.
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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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Rio Tinto , which is fighting off a takeover approach from rival BHP Billiton , said on Monday it would spend $71 million on a study to expand its Hope Downs iron ore mine in Australia.
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Business & money: BHP raises shares offer to Â£70bn mega deal, but China and Australia may fight potential monopoly
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If BHP Billiton's new chief executive Marius Kloppers eventually walks away from his bold proposal to buy rival mining titan Rio Tinto, and that's a big if, it won't be for lack of trying.
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Shares in BHP Billiton Ltd.  , the world's top miner, opened 5.3 percent higher on Wednesday after it surprised the market with an additional US$10 billion share buyback.
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Lawrence Ellison, the chief executive of the Oracle Corporation, said that he had had more discussions about lowering rather than raising his hostile bid for PeopleSoft.
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The world's biggest miner, BHP Billiton  Ltd./Plc.  , announced the surprise resignation  of Chief Executive Chip Goodyear and set an extra $10 billion  in share buybacks, driving its shares up 5 percent.
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LONDON/SYDNEY  - BHP Billiton Ltd/Plc  , the world's biggest miner, is in talks with private equity firms to team up for a possible $40 billion bid for U.S. aluminum company Alcoa Inc , the Times said on Tuesday.
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BHP Billiton Ltd/Plc  , the world's biggest miner, is in talks with private equity firms to team up for a possible $40 billion bid for U.S. aluminum company Alcoa Inc , the Times said on Tuesday.
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Rio Tinto  , the  world&#39;s second-largest mining group, on Tuesday dismissed talk  that it was lining up a bid for Canadian aluminum maker Alcan   as speculation, but did not to deny the rumor outright.