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28/12/10
17:58
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uh ohhh ... TATA may not bid ? .... will anyone take RIO on ?
http://www.indiainfoline.com/Markets/News/We-have-not-decided-on-Rio-Tinto-Ltd.s-bid-for-Riversdale-Tata-Steel/5032558916
"Tata Steel Ltd has reportedly said that they are not averse to Rio Tinto Ltd.'s bid for Riversdale Mining Ltd, according to a report
The company has not yet decided on making a bid for Riversdale, says report.
The report stated that the company is interested in ensuring coal supplies from Riversdale for its European arm.
Earlier Rio Tinto has made a $3.9 billion takeover offer for Riversdale, a company in which Tata Steel holds 24% stake at present, adds report."
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