Monday, February 13

Mining deal frenzy set to continue with BHP spree


The head of the world's biggest mining company, Australia's BHP Billiton, yesterday said he was ready to add further fuel to the deal frenzy in the commodities sector in the wake of Glencore's planned $90bn (£57bn) merger with Xstrata.
Marius Kloppers, chief executive, told Australian television he had "absolutely no doubt" that BHP would continue its buying spree after shelling out $16.9bn on shale-gas assets last year.
The head of the world's biggest mining company, Australia's BHP Billiton, yesterday said he was ready to add further fuel to the deal frenzy in the commodities sector in the wake of Glencore's planned $90bn (£57bn) merger with Xstrata.

The Independent

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