The purchase conditions BHP BILLITON offer to Rio Tinto is hard to accept

Mining giant BHP BILLITON said on Wednesday that the offer it gave to Rio TInto is hard to accept also. It has proposed that three of its shares exchange one share of Rio TInto before. BHP BILLITON said they are considering the following measures and will make further negotiation with stockholders of Rio Tinto. According to BHP BILLITON’s former offer, the purchase price is 140 billion dollars.