(Bloomberg) -- The perceived risk of owning BHP
Billiton Ltd. bonds rose on concern the world's largest mining
company may need to borrow to finance any bid for aluminum
producers Alcoa Inc. or Alcan Inc.
Shares of New-York based Alcoa yesterday rose to a six-year
high after the Times of London said Melbourne-based BHP is
reviving plans for a $40 billion takeover. Merrill Lynch & Co.
has been hired to advise BHP on a possible bid for Montreal-
based Alcan, Reuters said yesterday.
Read more at Bloomberg Bonds News
Billiton Ltd. bonds rose on concern the world's largest mining
company may need to borrow to finance any bid for aluminum
producers Alcoa Inc. or Alcan Inc.
Shares of New-York based Alcoa yesterday rose to a six-year
high after the Times of London said Melbourne-based BHP is
reviving plans for a $40 billion takeover. Merrill Lynch & Co.
has been hired to advise BHP on a possible bid for Montreal-
based Alcan, Reuters said yesterday.
Read more at Bloomberg Bonds News
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