Chinalco's Rio Tinto Investment Clears First Australian Regulatory Hurdle


	Chinalco's Rio Tinto Investment Clears First Australian Regulatory Hurdle

Forbes Markets

3-25-2009 2:06 AM

433 views

tags:

chinalco, rio tinto, australia, china, foreign investment

Forbes Markets says:

This was the easy one. The next one is political and harder to clear.

Add a Comment

Login to Comment. Not a member yet? Sign up

Today's Top Clips

visit the Top Clips page

View the Top Clips from March 25, 2009

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/6f78a9c3-81b5-44ae-99e5-402c3f2c3cf8/60F9936E-0FBC-4BF4-B414-4211927B17E5/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.reuters.com/article/ousiv/idUSTRE52O11H20090325" href="http://www.reuters.com/article/ousiv/idUSTRE52O11H20090325" style="font-size: 11px;">www.reuters.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/ousiv/idUSTRE52O11H20090325"><P>Australia's competition watchdog cleared Rio Tinto Ltd's (<SPAN id="symbol_RIO.AX_0"><A href="http://www.reuters.com/finance/stocks/overview?symbol=RIO.AX">RIO.AX</A></SPAN>) (<SPAN id="symbol_RIO.L_1"><A href="http://www.reuters.com/finance/stocks/overview?symbol=RIO.L">RIO.L</A></SPAN>) $19.5 billion tie-up with China's state-owned Chinalco, rejecting at least one key argument being considered by the deal's final arbiter.<SPAN id="midArticle_byline"></SPAN></P><SPAN id="midArticle_0"></SPAN>
<P>The deal still needs approval from the Australian treasurer, based on the national interest, after he receives a recommendation from the government's Foreign Investment Review Board. The board has extended its probe by 90 days to late June.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/60F9936E-0FBC-4BF4-B414-4211927B17E5/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks: Amplify.com - Don't just share the news...Amplify it!

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Copyright; Privacy; EULA

Search Options

Today's Top Clips