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BHP Billion is Still Hold Hope on Purchasing Rio Tinto

Thursday, Nov 29, 2007
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Global Metal, Nov. 28—BHP Billiton said on Wednesday, it still believes that Rio TInto will negotiate with them on the 120 billion offer. Chief executive of BHP Billiton Marius Kloppers said on the annual stockholders meeting that their purchase offer is reasonable. BHP Billiton want to buy Rio TInto by a 3:1 share exchange condition to build a company takes charge most of global iron ore, copper and aluminum.

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