BHP Biliton shares soar
Fri, 16 May 2008 09:43Ntebo Rajuili
Shares in BHP Billiton, the world's largest miner, rose more than 4 percent to a record in Australia this morning. That's on fresh speculation that Chinese interests were looking to buy a stake in the group.
BHP said it would not comment on a report in The Australian newspaper that Chinese interests have asked a big Australian pension and investment fund to be a partner in a multi-billion dollar swoop on 9 percent of BHP's shares.
NEWS ON CNBC AFRICA
Lunchtime News Wrap
-
Ambani brothers in MTN saga
-
BHP and Chinalco in Rio face-off
-
Yuan extends gains against the dollar
-
African Business News
-
Morning News Wrap
-
Commodities Report
-
Global Markets Report
-
CNBC Africa Markets Report
-Janice Du Preez
Lehman Brothers surprised at 0.5% rate hike
-
