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Dry Bulk China

Baosteel hints at $200bn Rio Tinto offer

  • Analysis

CHINA’S top steelmaker Baosteel may bid at least $200bn for Rio Tinto Group, exceeding a takeover proposal by the world’s largest miner, BHP Billiton, Baosteel chairman Xu Lejiang told a Chinese newspaper.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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