BHP gains approval for Rio Tinto bid
China Daily | Updated: 2008-10-02 07:20
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A Rio Tinto employee working at the company's Palabora copper mine in South Africa. Bloomberg News |
BHP Billiton Ltd won approval from Australia's competition regulator for its hostile $101 billion all-share bid for Rio Tinto Group, boosting speculation that the world's largest mining takeover may succeed.
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