BHP could aim for Rio Tinto after Anglo American rejects takeover offer, analyst says

In the wake of Anglo American's rejection of BHP Group's takeover bid, John Meyer, partner at SP Angel, said that other interested buyers, like Chinese state-owned companies, could step in with a better offer. He added that BHP could instead aim for Rio Tinto, as there is "much more at stake here" than at Anglo American.

[amcl]

This bloke is dreaming if he thinks the regulators and China would allow BHP to take over Rio 🙄

[raylee]

Is this guy on drug? BHP is the largest miner in the world and RIO is a close 2nd. No country in the world would approve such merger on anti-trust grounds. Of course both may want to merge, and they can talk all they want, but that's not going to happen.

[grakatperkins]

He's dreaming. BHP takeover of Rio was attempted maybe 10 years ago. This plan was kyboshed then on anti competative grounds from numerous fronts. Whats changed since then? Nothing, except Rio was on it's knees then and now it isn't.

[deogratias]

BHP tried for Rio before. European regulators killed it off.

[INDODESH_]

I'm from Aceh Indonesia, please investors don't invest in Indonesia, there are many rules, the profits of foreign investors are taken by the Indonesian government, that's why many investors leave Indonesia, now Malaysia is safer for foreign investors because it's more honest, there are no earthquakes and volcanoes either.

[JHatLpool]

BHP, Rio Tinto merging ? Wow, that would be interesting !

[allancarey]

Australian M&A rules are about to change….I very much doubt the Australian government will allow a Rio/BHP merger….particularly when it comes to concentration of Pilbara iron ore mines

[problemslayer]

Rio is too big for a takeover, just silly.

[cartalkers]

Rio Tinto (RIO) can not seem to get its stock out of the low $60, 00 range. What is THE problem? Talk about a LAGGARD!!!