News Update : BHP Billiton Ltd. keep pressing $150 billion bid to merge with Rio Tinto

BHP Billiton Ltd., the world’s largest mining company, raised its hostile bid for Rio Tinto Group to $147.4 billion after China’s biggest aluminum company sought to block the takeover.
BHP shares fell the most in 20 years in Sydney trading after raising its offer 13 percent to 3.4 shares for every one of Rio Tinto’s. The [...]

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