|
|
Article: BUSINESS IN ASIA TODAY - DEC 5, 2007.
- Article from:
- AsiaPulse News
- Article date:
- December 5, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business in Asia on Dec 5, 2007. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
CHINA'S BAOSTEEL "QUITE LIKELY" TO BID FOR RIO TINTO: CHAIRMAN
BEIJING - China's largest steel manufacturer is "quite likely" to bid for mining giant Rio Tinto (ASX:RIO), Baosteel Group Chairman Xu Lejiang said recently. "The bidding plan is now under study and the chances of putting forward a bid are very high," Xu was quoted as saying in the 21st Century Business Herald. When asked about the purchase price, Xu told the newspaper that the deal would probably ...