In recent months, the market has been the deterioration of Rio Tinto shares to fall sharply, 25, the world's largest mining group BHP Billiton announced the withdrawal of rival Rio Tinto 66,000,000,000 U.S. dollars acquisition offer. "Extension of the two combined to benefit the breakdown of the domestic steel prices, but a large number of holders of Rio Tinto shares of Alcoa China (601,600), but what is a good thing.
In recent months, the market has been the deterioration of Rio Tinto shares to fall sharply, 25, the world's largest mining group BHP Billiton announced the withdrawal of rival Rio Tinto 66,000,000,000 U.S. dollars acquisition offer. A message, Rio Tinto shares drop as it is, down to 15 pounds / share. Aluminum Corporation of China with 60 pounds / share of the purchase price has been compared to losses of 45 pounds, according to preliminary estimates of the market, Fukui has aluminum in more than 8,000,000,000 U.S. dollars.
"Extension of the two combined to benefit the breakdown of the domestic steel prices, but a large number of holders of Rio Tinto shares of Alcoa China (601,600), but what is a good thing." Joint network of metal iron ore industry analyst Hu Kai told our reporter, In fact, from Rio Tinto shares finished higher price, in the face of the aluminum on the left, "a Hua Shan Road" - only to promote the formation of two successful mergers and acquisitions, not only in aluminum losses.
Early last year, China Aluminum to about 7,000,000,000 pounds of the purchase price of a part of the shares of Rio Tinto.
Analysis of the industry, the aluminum in Rio Tinto with his hand on the two merger is expected to expand. Show that on November 1, 2007 extension of the two opened a prelude to mergers and acquisitions. February 1, 2008, China suddenly announced that the company Alcoa, through a wholly-owned subsidiary of Singapore, the United Alcoa, Rio Tinto gained 12% of UK listed company's existing shares Rio Tinto shares equal to 9% , The total transaction value of approximately 7,180,000,000 pounds. Among them, as a result of investment in aluminum accounted for the acquisition of 90%, while Rio Tinto become the single largest shareholder.
"At the time of aluminum that could expand the two combined would be more chance of success, so do the investments. If Rio Tinto shares rose Qi Bashi pounds of hand when there will be a good return on investment." Hu said, However, Rio Tinto shares in M & A and in aluminum by buying short-term stimulus to Chonggao 70 pounds / shares after the international iron and steel market all the way down, has recently dropped 20 pounds / share about BHP Billiton is to give up to buy again Rio Tinto shares had hit.
There are foreign institutions, analysts said that the extension of the two failed mergers and acquisitions, Rio Tinto's share price continued to fall even if it does not, will be stagnant, would like to return to the sixties and seventies of the high dollar has been relatively difficult.
As for the breakdown of the merger of the two Rio, also in aluminum expressed concern and said that the market is considering its holdings Rio Tinto shares to 14.99 percent of the rumors, in the aluminum company has not yet held for the development of research and Rio Tinto Further equity stake in the plan. It is understood that in August this year, Australia's Foreign Investment Review Board approval of the aluminum holdings in British company Rio Tinto shares to 14.99 percent (that is, Rio Tinto 11% stake), it would, in aluminum Luo Jian-chuan, president of the media have said that "As long as the time is ripe, there is the next step in aluminum holdings of Rio Tinto shares may be." Despite its current holdings or make it clear that it does not, however, continue to believe that for aluminum in Rio Tinto's long-term investment value of Rio Tinto's Confidence in the future.
Chinese iron and steel industry analysts Mengqing Heng said that the network economy, the aluminum in Rio Tinto is a strategic investment in investment, but also help to strengthen domestic enterprises the right to speak, so should not be concerned about profit and loss. But the reason why there is such a huge aluminum Fukui also showed that domestic enterprises to invest in a serious psychological quick success and instant benefits.
"Enterprises in the industry have been reminded to buy sea mines should observe the industry cycle, but many companies do not have the patience to wait for the opportunity." Meng Qingheng said.
In recent months, the market has been the deterioration of Rio Tinto shares to fall sharply, 25, the world's largest mining group BHP Billiton announced the withdrawal of rival Rio Tinto 66,000,000,000 U.S. dollars acquisition offer. A message, Rio Tinto shares drop as it is, down to 15 pounds / share. Aluminum Corporation of China with 60 pounds / share of the purchase price has been compared to losses of 45 pounds, according to preliminary estimates of the market, Fukui has aluminum in more than 8,000,000,000 U.S. dollars.
"Extension of the two combined to benefit the breakdown of the domestic steel prices, but a large number of holders of Rio Tinto shares of Alcoa China (601,600), but what is a good thing." Joint network of metal iron ore industry analyst Hu Kai told our reporter, In fact, from Rio Tinto shares finished higher price, in the face of the aluminum on the left, "a Hua Shan Road" - only to promote the formation of two successful mergers and acquisitions, not only in aluminum losses.
Early last year, China Aluminum to about 7,000,000,000 pounds of the purchase price of a part of the shares of Rio Tinto.
Analysis of the industry, the aluminum in Rio Tinto with his hand on the two merger is expected to expand. Show that on November 1, 2007 extension of the two opened a prelude to mergers and acquisitions. February 1, 2008, China suddenly announced that the company Alcoa, through a wholly-owned subsidiary of Singapore, the United Alcoa, Rio Tinto gained 12% of UK listed company's existing shares Rio Tinto shares equal to 9% , The total transaction value of approximately 7,180,000,000 pounds. Among them, as a result of investment in aluminum accounted for the acquisition of 90%, while Rio Tinto become the single largest shareholder.
"At the time of aluminum that could expand the two combined would be more chance of success, so do the investments. If Rio Tinto shares rose Qi Bashi pounds of hand when there will be a good return on investment." Hu said, However, Rio Tinto shares in M & A and in aluminum by buying short-term stimulus to Chonggao 70 pounds / shares after the international iron and steel market all the way down, has recently dropped 20 pounds / share about BHP Billiton is to give up to buy again Rio Tinto shares had hit.
There are foreign institutions, analysts said that the extension of the two failed mergers and acquisitions, Rio Tinto's share price continued to fall even if it does not, will be stagnant, would like to return to the sixties and seventies of the high dollar has been relatively difficult.
As for the breakdown of the merger of the two Rio, also in aluminum expressed concern and said that the market is considering its holdings Rio Tinto shares to 14.99 percent of the rumors, in the aluminum company has not yet held for the development of research and Rio Tinto Further equity stake in the plan. It is understood that in August this year, Australia's Foreign Investment Review Board approval of the aluminum holdings in British company Rio Tinto shares to 14.99 percent (that is, Rio Tinto 11% stake), it would, in aluminum Luo Jian-chuan, president of the media have said that "As long as the time is ripe, there is the next step in aluminum holdings of Rio Tinto shares may be." Despite its current holdings or make it clear that it does not, however, continue to believe that for aluminum in Rio Tinto's long-term investment value of Rio Tinto's Confidence in the future.
Chinese iron and steel industry analysts Mengqing Heng said that the network economy, the aluminum in Rio Tinto is a strategic investment in investment, but also help to strengthen domestic enterprises the right to speak, so should not be concerned about profit and loss. But the reason why there is such a huge aluminum Fukui also showed that domestic enterprises to invest in a serious psychological quick success and instant benefits.
"Enterprises in the industry have been reminded to buy sea mines should observe the industry cycle, but many companies do not have the patience to wait for the opportunity." Meng Qingheng said.
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