Created Wed 13th Feb 2008 4:11am PST by 
pando
All questions » Business » Deals » pando 
Will BHP succeed in its takeover bid for Rio Tinto before 30 June 2008?
Settled as No
No news of takeover
Background:
Mining giant Rio Tinto Ltd is prepared to enter into discussions with predator BHP Billiton Ltd once it recognises the value of the target, Rio Tinto Iron Ore chief executive Sam Walsh told an American Chamber of Commerce in Australia luncheon in Perth today.
Speaking with media after the event, Mr Walsh echoed Rio Tinto chief executive Tom Albanese’s recent comments that the $US147 billion ($A162.99 billion) takeover offer was about “two ball parks away from recognising Rio Tinto’s value”.
Speaking with media after the event, Mr Walsh echoed Rio Tinto chief executive Tom Albanese’s recent comments that the $US147 billion ($A162.99 billion) takeover offer was about “two ball parks away from recognising Rio Tinto’s value”.
Settlement details:
As reported by a major mainstream news source.
Settled
| Yes |
| |||
| No |
|
Activity: H$15,443
Settled as No on Mon 30th Jun 2008 1:59am PDT
Suspend date: Tue 2nd Jun 12:59am PDT (20 weeks to go) Settlement date: Mon 30th Jun 2008 1:59am PDT
Initial likelihoods: Yes: 40%
Action history:
ryanj![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin"){kind=icon}
andrew
jchiang
robuk
: No news of takeover
Suspend date: Tue 2nd Jun 12:59am PDT (20 weeks to go) Settlement date: Mon 30th Jun 2008 1:59am PDT
more info...
Get widget!Predictions (22)
22 predictions
mork![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user"){kind=icon}
predicted No (H$50 at 84%)
mosdefinatly
jchiavelli
predicted No (H$100 at 79%)
predicted No (H$1,200 at 77%)
smutster
predicted No (H$100 at 55%)
predicted No (H$50 at 53%)
predicted Yes (H$20 at 42%)
pepeComments (3)
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This news is selected automatically based on the question, its background, options and tags
This news is selected automatically based on the question, its background, options and tags
score: 10
TradingMarkets 28 weeks ago
June 24 Asia Pulse - Japanese and Korean steelmakers face paying huge increases in iron ore prices after Rio Tinto Ltd (ASX:RIO) settled on a record price following contract talks with Chinese steelmaker Baosteel. Rio Tinto reached an agreement with
score: 10
score: 10
Reuters UK 29 weeks ago
BHP Billiton Ltd/Plc (BHP. AX: Quote, Profile, Research) (BLT.L: Quote, Profile, Research) is due to file with Chinese competition authorities this ...
score: 10
Wall Street Journal 29 weeks ago
The aluminum business of diversified miner BHP Billiton PLC (BLT. LN) hasn't been hit by the hike in power tarrifs in South Africa but its...
score: 10
Reuters UK 29 weeks ago
Rio Tinto Ltd/Plc (RIO. AX: Quote, Profile, Research) (RIO.L: Quote, Profile, Research) continues to reject BHP Billiton Ltd/Plc's (BHP. AX: Quote ...
How come the question date is 30/06/2008 but the suspension date is in 51 weeks?
http://www.abc.net.au/news/stories/2008/06/16/2276073.htm
http://business.smh.com.au/bhp-in-a-spin-to-get-one-up-on-rio-20080624-2w7n.html
http://business.smh.com.au/rio-sells-us5b-in-bonds-adds-a-poisonpill-component-20080625-2wda.html
http://business.smh.com.au/bhp-bid-to-regain-the-rio-ground-20080624-2w9b.html
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