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biz.yahoo.com
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LONDON (AP) -- British mining company Lonmin PLC ramped up its defense against a hostile 5 billion pound ($10 billion) takeover approach from Anglo-Swiss miner Xstrata PLC on Wednesday, telling shareholders that the offer does not recognize its potential..
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biz.yahoo.com
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LONDON (AP) -- Shares in Chloride Group PLC, Europe's largest maker of backup power supplies, soared 35 percent after the company rejected a preliminary $1.3 billion takeover approach from U.S.-based rival Emerson Electric Co.
Britain's Chloride, which s..
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biz.yahoo.com
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LONDON/JOHANNESBURG (Reuters) - BHP Billiton (ASX:BHP.AX - News) has made a long-awaited bid approach to Rio Tinto (LSE:RIO.L - News; ASX:RIO.AX - News) in a move aimed at creating a $350 billion-plus mining giant, but Rio rejected the all-share proposal..
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