RIO 2.63% $125.73 rio tinto limited

rio in uk, page-11

  1. 354 Posts.
    OPtrader - there is one massive difference that you missed in your analysis. BHP were trying to takeover RIO with shares, not Cash. The only debt BHP would have had would have been the debt it would have inherited from RIO, but the combined entity would have been in a much stronger position to cater that debt.
    Therefore the BHP bid for RIO is not nearly the same as the disaster of paying $40Bn cash for Alcan.
 
watchlist Created with Sketch. Add RIO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.