September 5, 2010

What would happen to Rio Tinto shares if it is taken over by BHP Billiton?

By Planet Wealth

Say i have 20 ASX:RIO shares at 0, and the merger between BHP and RIO goes ahead? Is it a excellent time to sell before the supposed takeover, or after?

Topics: stock market | 1 Comment »

One Response to “What would happen to Rio Tinto shares if it is taken over by BHP Billiton?”

  1. Alex Says:
    September 5th, 2010 at 5:34 pm

    If I recall correctly, the BHP’s offer is cash and stock so if the deal comes thru then you will get cash and BHP stock. The time to sell depends on your investment goals and situation, but generally you should just wait until the takeover, it may not happen in the near future though.

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