BHP Billiton gets US clearance for Rio Tinto acquisition

Thursday, 03 July 2008 16:41:25 (GMT+3)   |  

Giant mining company BHP Billiton has announced the receipt of notification of early termination of the Hart-Scott-Rodino (HSR) waiting period for its proposed acquisition of Rio Tinto from the US Department of Justice and the Federal Trade Commission.

In addition, the company has also stated that the Antitrust Division of the US Department of Justice has concluded its review without further action.

"We are very pleased that we have received notice of early termination of the Hart-Scott-Rodino Act waiting period and completion of the Department of Justice merger review," BHP Billiton Chief Commercial Officer Alberto Calderon said.


Tags: BHP Rio Tinto 

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