Iron Investing News » How does BHP-Rio Iron Ore stacked up for investors?

How does BHP-Rio Iron Ore stacked up for investors?

June 5, 2009 @ 8:21 am In Iron Company News

Global miners Rio Tinto and BHP Billiton are to combine their Australian iron ore operations, six months after BHP dipped a hostile takeover bid for Rio Tinto.

John Sevior, head of Australian equities for Perpetual Investments, stated:

I think it's a very clever deal.

For full story, click here ^[1]

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[1] here: http://www.reuters.com/article/asiaDealsNews/idUSTRE55425O20090605