BHP Gains Partial U.S. Antitrust Approval for Rio Tinto Merger - Rapaport

BHP Billiton said Thursday it has received partial approval for its takeover bid of mining rival Rio Tinto from United States antitrust authorities. BHP said that the U.S. Department of Justice and the Federal Trade Commission have granted early termination of the Hart-Scott-Rodino waiting period for the proposed acquisition and the Antitrust Division of the DoJ has concluded its review without further action.

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Posted by Posted by Jewelry News at Thursday, July 03, 2008 6:26 AM
Categories: Rio Tinto, BHP
 

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