pounds 7bn dawn raid on giant Rio Tinto; MINING.
The pounds 7 billion dawn raid, thought to be one of the biggest in UK corporate history, comes just days before rival BHP Billiton faces a deadline to launch a formal takeover bid for the Anglo-Australian miner.
However, the stake-building has cast doubt over a potential deal, with the pounds 60-a-share paid by Chinalco and Alcoa well above BHP's proposed offer.
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|Publication:||The Birmingham Post (England)|
|Date:||Feb 2, 2008|
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