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Aluminum was 15.2 billion to replace the "two-expanding pressure" talks -152 million, the new progr by w24gtrhg nbfew
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Aluminum was 15.2 billion to replace the "two-expanding pressure" talks -152 million, the new progr by W24GTRHG NBFEW
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| Article Posted: 03/02/2011 |
| Article Views: 119 |
| Articles Written: 1393 - MORE ARTICLES FROM THIS AUTHOR |
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Aluminum was 15.2 billion to replace the "two-expanding pressure" talks -152 million, the new progr |
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Business,Business News,Business Opportunities
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May 5, Rio Tinto, BHP Billiton, the aluminum three company also issued a bulletin board of directors of Rio Tinto has been the withdrawal of February 12, 2009 announced their strategic Cooperation Trading recommendation, and based on cooperation and implementation of signed agreements to pay 195 million U.S. dollars of aluminum a "breakup fee." <<<For more exciting Click here
In addition, Rio Tinto, through placement of shares to raise about 152 billion dollars?? 40 shares per 21 shares allotted proportion of placements, Rio Tinto shares in the company's Rights Issue price per share of 14 pounds, about 11.8 billion funding dollars; the placement of shares of Rio Tinto Limited share price of 28.29 Australian dollars, about 3.4 billion U.S. dollars to raise funds.
Notice the other is bad international Steel Enterprise information, Rio Tinto and BHP Billiton joint venture between the two sides signed the project of Western Australia iron ore production of non-binding agreement?? Western Australia iron ore operations of all current and future assets and liabilities are the property of the joint venture company, Rio Tinto respectively, with BHP Billiton holds a 50% stake in the joint venture.
One year later, has announced the acquisition of Rio Tinto BHP Billiton coming back in another form into the arms of Rio Tinto, had a very high concentration of iron ore on the market, will further improve the situation facing the monopoly .
Aluminum do not change the confidence to seek overseas investment
For aluminum investment 19.5 billion U.S. dollars capital injection plans for Rio Tinto fell through, according to foreign reports, requests should be aluminum, Australian Prime Minister Kevin Rudd yesterday met with President of aluminum. Rudd said the termination of the transaction is a commercial event, the aluminum in Australia there are other benefits. Rudd said the options for Rio Tinto and BHP Billiton with the industry alliance program, the Australian Government will adopt a non-discriminatory trade practices of aluminum, also from the perspective of national interest considerations.
CBN reporter yesterday issued a press release, general manager of Al Mr Xiong said: "Since the signing of trade agreements since the aluminum has been committed to advancing the transaction process, the firm under the premise of maintaining my Fangli Yi, to maintain maximum flexibility with a constructive attitude in consultation with the Rio Tinto Group, actively announced on Feb. terms of the transaction program to make appropriate changes to better reflect changes in the market and shareholders and relevant regulatory requirements. "
"However, Rio Tinto Group, the Board ultimately decided to withdraw the recommendation on the two sides trading scheme, to the implementation of allotment of shares, with BHP Billiton Group for the establishment of joint ventures, we are very disappointed with this outcome." Mr Xiong said, "we continue to believe that the two sides on Feb. 12, 2009 the program reached a deal for all shareholders of Rio Tinto is a good opportunity to create value, and can the two companies long-term strategic partnership to lay a solid foundation. " I am China Textile and Leather writer, reports some information about battery operated tvs , cooking blow torch.
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