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Rio Tinto and BHP Bid For Alcoa

by Chris Gilbey at 06:32AM (EST) on February 19, 2007 | Permanent Link | Cosmos

Two Australian companies, Rio Tinto and BHP Billiton, are in the process of making bids around the US $40Billion mark for Alcoa according to this story.

In the flat world of a global economy what changes? Well it would put a lot of focus on the Australian Stock Exchange globally, and would see Australia's economy being even more centred around resources....

Keywords: Globalisation

Technorati Tags: Globalisation

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