FYI
The competition regulator has announced it will not oppose Chinalco's proposal to lift its stake in Rio Tinto.
The ACCC says the deal is unlikely to result in a substantial lessening of competition.
The $30 billion bid still needs the approval of the Federal Government and is currently being reviewed by the Foreign Investment Review Board.
http://www.abc.net.au/news/stories/2009/03/25/2526092.htm
- Forums
- ASX - By Stock
- OZL
- accc won't oppose chinalco's rio bid
accc won't oppose chinalco's rio bid
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OZL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online