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Shares of BHP Billiton, Rio Tinto climb on rumors of higher bid for Rio, Chinese stake
iht.com     May 14, 2008            

Shares of BHP Billiton Ltd. and Rio Tinto Ltd. surged in Australia on Wednesday as fresh rumors swirled around the two companies linked by what could be the largest takeover ever in the mining sector. BHP Billiton shares rose as much as 6 percent on rumors that an unnamed Chinese entity is...


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Market rumours fuel BHP shares

bbc.co.uk     May 16, 2008          

BHP Billiton mines a third of the world's iron ore Shares in BHP Billiton have jumped on fresh speculation a Chinese investor is eyeing up a 9% stake in the company. The Australian newspaper said "Chinese interests" have approached an Australian investment fund to help buy into the world's...

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Chinese whispers fuels BHP shares

bbc.co.uk     May 16, 2008          

BHP Billiton mines a third of the world's iron ore Shares in BHP Billiton have jumped on fresh speculation a Chinese investor is eyeing up a 9% stake in the company. The Australian newspaper said "Chinese interests" have approached an Australian investment fund to help buy into the world's...

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BHP shares at record on China stake talk

reuters.co.uk     May 16, 2008          

By James Regan and Sonali Paul SYDNEY/MELBOURNE (Reuters) - Shares in BHP Billiton, the world's largest miner, rose more than 4 percent to a record on Friday amid fresh speculation that Chinese interests were looking to build a stake in the group. BHP said it would not comment on a report in The...

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BHP shares rise on rumor of Chinese deal (AP)

yahoo.com     May 16, 2008          

Friday May 16, 3:17 am ET BHP Billiton shares surge on report that Chinese companies seek a stake in the miner MELBOURNE, Australia (AP) -- The Australia-listed shares of BHP Billiton Ltd. rose more than 4 percent Friday to a record high of $46.74 amid further speculation about Chinese interest...

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Asian stocks turn mixed as Nikkei retreats, BHP lifts Sydney market - UPDATE

finanznachrichten.de     May 16, 2008          

MANILA (Thomson Financial) - Asian stocks turned mixed in cautious trade on Friday, with the Nikkei slipping into negative territory after advancing earlier on stronger-than-expected economic growth in Japan, while BHP Billiton's record-breaking rally lifted the Sydney market amid speculation...

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China Said To Enlist Aussie Fund For Raid On BHP (at Forbes.com)

yahoo.com     May 16, 2008          

HONG KONG - China is laying a quiet siege to the world’s largest miner. The Australian newspaper reported Friday that “Chinese interests” have approached a major unnamed Australian superannuation and investment fund to be their partner in a multibillion-dollar swoop on Australia’s BHP Billiton...

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Australian shares end higher led by BHP, up for fourth straight week - UPDATE

finanznachrichten.de     May 16, 2008          

SYDNEY (Thomson Financial) - Australian shares closed higher on Friday, marking the fourth consecutive week of gains, as confidence returned to the market, bolstered by increasing takeover activity. Index leader BHP Billiton led the market higher, reaching record highs in the morning session on...

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Most Asian shares advance, led by BHP

cnn.com     May 16, 2008          

Shares of BHP Billiton jumped on Friday to push Australian indexes higher, after local media reported that China has approached an Australian fund to partner in a multibillion-dollar attempt to buy a 9% stake in the mining giant. The rest of the region was broadly higher after an overnight...

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Australian shares end higher for fourth straight week, led by BHP

finanznachrichten.de     May 16, 2008          

SYDNEY (Thomson Financial) - Australian shares closed higher on Friday, marking the fourth consecutive week of gains, as confidence returned to the market, bolstered by increasing takeover activity. Index leader BHP Billiton led the market higher, reaching record highs in the morning session on...

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BHP Billiton shares surge on report that Chinese companies seek a stake in the miner

iht.com     May 16, 2008          

The Australia-listed shares of BHP Billiton Ltd. rose more than 4 percent Friday to a record high of 50 Australian dollars (US$46.74; €30.21) amid further speculation about Chinese interest in a stake in the company. Chines companies had pitched a partnership to an Australian investment fund with...

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