More speculation that China will stop a BHP takeover of RIO.
The below is from a broker's daily briefing. Great to know that China has replaced the US as our great friend and ally. The Chinese govt got all their bigwigs together in their Great Hall in Peking, and with the help of western financial institutions they partly own they can do just about anything.
Speculation has surfaced suggesting the Chinese Government
has reportedly sanctioned large state-owned corporations to
look at three strategies to prevent BHP Billiton's (BHP)
proposed offer for Rio Tinto (RIO). One of the alleged options could stop the deal occuring at a cost of $9 billion without requiring Australian Foreign Investment Review Board approval.
More speculation that China will stop a BHP takeover of RIO.The...
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Mkt cap ! $211.7B | |||
| Open | High | Low | Value | Volume |
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