Outlook

Summary


MINING giant BHP Billiton's chief executive, Marius Kloppers, has begun a world tour to try to convince key overseas customers of the logic of the company's proposed Pounds 170 billion merger with rival Rio Tinto, writes Ben Marlow.

It is understood that BHP is already considering launching a formal bid on significantly better terms than the three-for-one all- share offer proposed to Rio's board last week, which valued Rio at Pounds 48 a share.

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Outlook

BHP's adviser, G...

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