05.01.2011

Protectionism Could Kill Off Some Multi-Billion-Dollar International Takeovers in 2011

Rising protectionism could kill off some multi-billion-dollar international takeovers this year, bankers say, noting that governments are increasingly keen to protect their national icons. Industries that are seen more prone to protectionism include natural resources, agricultural commodity-related sectors, and defense-related companies. In some parts of Asia, banks and stock exchanges are also seen as vulnerable to protectionism. more08.09.2010

Rio Tinto in Russia to Meet Uralkali

Representatives of Rio Tinto have come to Russia to visit potash producer Uralkali which is seen as a potential acquisition target for the mining giant, Vedomosti reported on Wednesday. Rio Tinto, along with Potash, could buy into Uralkali as Russia seeks a full overhaul of the fertilisers industry, sources told press representatives last month, adding that talks were at an early stage. more