BHP’s takeover of Rio dies

Market News

Iron Investing News reports BHP and Rio’s takeover bid finally ended. Although the deal is dead in the water for now, it’s an idea that will no doubt remain in the minds of BHP management for the future. The desire to merge BHP and Rio began in the 1990s and was first tried in 2001 …

Iron Investing News reports BHP and Rio’s takeover bid finally ended.

Although the deal is dead in the water for now, it’s an idea that will no doubt remain in the minds of BHP management for the future. The desire to merge BHP and Rio began in the 1990s and was first tried in 2001 by former BHP CEO Brian Gilbertson.

Market News