BHP Billiton

1 Story

Rio Tinto Rejects $147B BHP Bid
Rio Tinto Rejects $147B BHP Bid
UPDATED

Rio Tinto Rejects $147B BHP Bid

Mining giant holds out for an even better offer from rival

(Newser) - Rio Tinto today rejected a $147.4B bid from rival mining giant BHP Billiton, the Wall Street Journal reports. Although the bid would have been one of the largest takeovers ever, Rio is holding out for a sweeter deal. "BHP Billiton's offers, while improved, still fail to recognize the...

1 Story
Most Read on Newser