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BHP-Rio deal and China to spur metals, mining M&A
BHP’s (BHP.AX) proposed bid for rival Rio Tinto (RIO.AX) and the rise of emerging market players, particularly China, will force further consolidation in metals and mining, industry experts told a conference this week.
At least three more transactions worth over $50 billion are likely by June, Ernst & Young’s Partner in Charge for Global Mining and [...]
Hydrocarbons Weekend Record (09 to 10 December 2006)
HYDROCARBONS WEEKEND RECORD: 09 AND 10 DECEMBER 2006 Compiled by J. Brock (FINN) WEEKEND DEVELOPMENTS: (Brazil and Venezuela) In a meeting held on Thursday, PETROBRAS president Sergio Gabrielli and PDVSA´s Rafael Ramirez signed a memorandum of understanding that restated their desire to form joint venture companies in the hydrocarbons industry. The agreement had several points: [...]
