The Live Wire
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Alex Forrest | Foreign Secretary Hague also says re Houla: We will be calling for an urgent ses...
16:30Alex Forrest
TWITTER
Foreign Secretary Hague also says re Houla: We will be calling for an urgent session of the UN Security Council in the coming days.
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Lord Sugar | Trivia: More people now follow me on Twitter than buy The Times, Independent, Gu...
16:04Lord Sugar
TWITTER
Trivia: More people now follow me on Twitter than buy The Times, Independent, Guardian, Daily Telegraph and Financial Times combined
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James Forsyth | A shift in the government's thinking about the Eurocrisis
15:34Spectator
BLOG
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Owen Jones | The austerity consensus has collapsed
15:08LabourList
BLOG
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Humza Yousaf | Scottish independence would help Labour rediscover its soul
14:46Comment is Free
OPINION
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Press Release
Rio Tinto rejects approach from BHP Billiton
08 November 2007
Rio Tinto notes the recent announcement from BHP Billiton involving a proposed acquisition of Rio Tinto. Under this proposal each Rio Tinto share would be exchanged for three BHP Billiton shares.
The Boards of Rio Tinto have given the proposal careful consideration and concluded that it significantly undervalues Rio Tinto and its prospects. Accordingly, the Boards have unanimously rejected the proposal as not being in the best interests of shareholders.
Rio Tinto will continue to focus on the implementation of its well articulated strategy, including integrating Alcan operations.
Press releases, papers and documents published on this page are the intellectual property of an organisation unrelated to Central Lobby. We promote their parliamentary and political campaigning activities as they are subscribers to the Central Lobby service.
As such, Central Lobby does not edit, endorse, or attempt to balance the opinions expressed on this page. The content of press releases and other such types of content are the responsibility of the originating organisation.
Rio Tinto Plc
Dods Parliamentary Communications Ltd