Jeremy Warner's Outlook: BHP acts as if Chinalco never happened (Independent)
Story date: 2008-02-05 06:20:06
Added on: 2008-02-05 19:00:33
Marius Kloppers, chief executive of BHP Billiton, seems like a man determined to ignore the elephant sitting in the corner of the room. Last night's offer of 3.4 BHP shares for each Rio Tinto share is obviously a big improvement on what went before and might even have got the Rio board to the negotiating table but for one rather important fact.
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