Rio Tinto, the mining group, will on Monday launch a robust analysis of its business, playing up the value of its operations and pipeline of development projects in an effort to defend itself against a takeover proposal from BHP Billiton, its arch-rival. In a presentation to analysts and shareholders, management will argue that Rio Tinto has unrivalled growth potential in the mining industry. Rio is expected to run through the growth prospects of all of its main business groups and argue that the stock market, and BHP, has undervalued them.

This entry was posted by Sam Jones on Monday, November 26th, 2007 at 4:08 and is filed under M&A. Tagged with bhp billiton, rio tinto. Edit this entry.