A takeover or merger of RIO and BHP is definitely possible. There would be plenty of conditions to be met, such as divesting certain assets, but there will be a way.
BHP wouldn't be pursuing it if they didn't think it was possible, and there are a lot of benefits and savings to be made, where profits would filter through to powerful people and businesses.
I remember when TOL took over PRK; everyone was saying that it was impossible. I know this is a different scale, but the concerns are similar.
rio and bhp, page-9
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Last
$117.62 |
Change
-1.010(0.85%) |
Mkt cap ! $43.66B | |||
| Open | High | Low | Value | Volume |
| $117.51 | $118.73 | $117.02 | $240.5M | 2.075M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 681 | $117.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $117.93 | 3187 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| RIO (ASX) Chart |