Summary
SHARES in mining giant Rio Tinto surged 355p to 3660p with nearly Pounds 1bn in dealing amid fevered speculation of a takeover approach, with fellow giant BHP Billiton touted as the buyer.
Rio tried to douse the flames by saying it had 'no approach from BHP or anyone', but speculators ignored it, also piling into BHP (up 64p to 1249p) and Anglo American (up 19p to 2929p).See the full content of this document
Extract
Rio Tinto Deals Hit Pounds 1bn Amid Bhp Bid Talk
BHP said: 'We cannot comment on mark...
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