BHP Tempts Rio with $30B Sweetener

BHP Billiton announces a share buyback if its proposed $153 billion takeover of rival mining company Rio Tinto is completed

Twice rejected by the board of Rio Tinto, BHP Billiton has decided to take its proposed $153bn (£74bn) takeover directly to the shareholders of its rival miner.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.