BHP sticks to guns on Rio bid as Albanese rules out counter

摘要

Billiton ceo Marius Kloppers (right) claimed during his company's agm in Adelaide, Australia, that global investors "see the logic" in its proposal to acquire Rio Tinto. Kloppers last week returned to Australia following two weeks touring the world to speak to investors and customers. Despite Rio's refusal to discuss the offer, widespread opposition from the steel industry, and reports that shareholders are not satisfied with the current offer, Kloppers was upbeat. "Overwhelmingly, investors see the logic in our proposal," he said. "We have also begun talking to [customers] about issues of concern. We know our customers well and we will continue to talk with them about these and other issues."