Midnight Trader
7:01 a.m. 06/07/2007
Boston, Jun 07, 2007 (MidnightTrader via COMTEX) -- BHP Billiton (BHP) reportedly could get a bid.
BHP could get a bid from the recently-formed Chinese State Investment Company, according to a report in the Herald Sun newspaper, quoting the chief of research at Australian stockbroker Bell Potter.
The Bell Potter analyst reportedly said the Chinese fund's recent investment in U.S. private equity firm Blackstone could be a precursor to other deals. One of these deals could be an acquisition of BHP to relieve Chinese concern over the availability over commodity supplies, the report said.
7:01 a.m. 06/07/2007
Boston, Jun 07, 2007 (MidnightTrader via COMTEX) -- BHP Billiton (BHP) reportedly could get a bid.
BHP could get a bid from the recently-formed Chinese State Investment Company, according to a report in the Herald Sun newspaper, quoting the chief of research at Australian stockbroker Bell Potter.
The Bell Potter analyst reportedly said the Chinese fund's recent investment in U.S. private equity firm Blackstone could be a precursor to other deals. One of these deals could be an acquisition of BHP to relieve Chinese concern over the availability over commodity supplies, the report said.
