6 result(s) displayed (1 - 6 of 6):

Chinese overseas investment surges (from Corporate Dealmaker)

The numbers would be even bigger if the deal between Aluminum Corp. of China and Rio Tinto plc had gone through. Or if Beijing Auto had been able to buy the stake it sought in General Motors Co.' Adam Opel GmbH unit.Even without those deals, overseas investment by Chinese companies...

Posted on October 27, 2009 3:09 PM

China charges Rio 4 with bribery, not spying (from Corporate Dealmaker)

The gears behind the scenes remain mysterious, but the wheels of China's legal system have turned a little more. Four employees of Anglo-Australian mining giant Rio Tinto plc (NYSE:RTP), detained last month, have now been formally arrested. And while they still have not been formally charged, news reports (including this...

Posted on August 12, 2009 9:50 AM

China v. Rio Tinto gets stranger and stranger (from Corporate Dealmaker)

Considering China's importance to the global economy, it's amazing how little most of us know about how things really work there. Current case in point: The posting of an essay on China Secrecy On-Line, a Web site connected with the National Administration for Protection of State Secrets, excoriating employees of...

Posted on August 10, 2009 11:21 AM

Rio Tinto tells foreign employees: Leave China (from Corporate Dealmaker)

The confrontation continues to build over China's arrest of four employees of Anglo-Australian mining giant Rio Tinto plc (NYSE:RTP) last week. According to a report in Thursday's Wall Street Journal, Rio has asked its non-Chinese employees to leave the country. China has raised accusations of stealing state secrets -- but...

Posted on July 16, 2009 4:09 PM

Mining sector superconsolidation on hold (from Corporate Dealmaker)

When BHP Billiton Ltd. CEO Marius Kloppers launched his hostile, mostly stock bid for Rio Tinto plc a year ago, it was valued at $194 billion. When BHP withdrew it Tuesday, it was worth $66 billion. The difference was indicative of the falloff in commodities demand -- and mining stocks...

Posted on November 26, 2008 11:01 AM

Mining deals: On the road to superconsolidation (from Corporate Dealmaker)

If you're finding it hard to keep up with the frenzy in mining M&A, there's a reason. As Dealogic pointed out on Wednesday, mining M&A has more than doubled from the same period last year -- from $56.8 billion to $142.5 billion -- pushed along by such moves as Xstrata...

Posted on August 8, 2008 12:06 PM