Business


Carving up the Rio melon

Watermelon MICHAEL PASCOE So how will the Foreign Investment Review Board handle a Chinese takeover bid for Rio now that BHP is out of the way?

Rio too risky for BHP

Malcolm Maiden MALCOLM MAIDEN The market's verdict on the end of the BHP Billiton -Rio Tinto takeover battle is a pointer to the personal life-lines inside the groups.

China takes heart in BHP bid collapse

BHP The decision by BHP Billiton to drop its bid for rival Rio Tinto may boost the chances for Chinese steel producers hoping to buy foreign mine assets.

Ian Verrender: Kelly cool on economy

Westpac chief dashes market optimism.

Death of a deal: BHP Billiton's failed bid for Rio Tinto

The following is a timeline of the history of BHP Billiton, the world's largest mining company, and Rio Tinto, the third largest. BHP today scrapped its hostile, all-share bid for Rio.

Rio rocks stocks

ASX sharemarket CHRIS ZAPPONE A steep slide by Rio Tinto stocks drags the market lower, while economic worries weigh on banks.

In this market, Rio debts would prove too heavy a burden for BHP Billiton

Michael West MICHAEL WEST It would have made better sense for BHP to buy its own shares.

BHP changes tack on China

JOHN GARNAUT BHP Billiton was the last of the big miners to accept that the Chinese economy, and therefore the global commodities market, was in trouble.

BHP retreat a sign of long downturn

Malcolm Maiden 2008-01 MALCOLM MAIDEN BHP Billiton's decision to abandon its pursuit of Rio Tinto is a big bear call on the global economy.

Crisis kills BHP takeover

BARRY FITZGERALD Rio Tinto price crashes after BHP abandons $105bn 'dream' takeover.

Timeline of BHP Billiton's failed tilt at Rio Tinto

Timeline of BHP Billiton's failed bid for Rio Tinto.

BHP baulked at asset sales and debt

BHP JAMIE FREED In a move that stunned share markets, BHP Billiton has effectively abandoned its $103b billion offer for Rio Tinto.

BHP drops $100b bid for Rio

JAMIE FREED BHP BILLITON'S $US66 billion ($103 billion) bid for Rio Tinto last night became the latest casualty of the global credit crunch.

Analyst wrap: BHP's flop good for steel-makers

Analysts see BHP Billiton's failed bid for Rio Tinto as likely to be a win for their big customers - the steel-makers.

BHP capitulates to the inevitable

Michael West MICHAEL WEST BHP claimed a takeover of Rio was even more compelling in a bad market. Clearly that wasn't the case.

BHP abandons Rio Tinto bid

BHP Billiton Ltd, the world's largest mining company, has terminated its multi-billion takeover proposal for rival Rio Tinto Ltd citing the deteriorating of global markets.

BHP drops bid for Rio

JAMIE FREED BHP Billiton stuns investors, effectively abandoning its $100b offer for Rio Tinto. BHP shares rise in London, Rio's collapse.

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