Financial Times FT.com

BHP to up ante in battle for Rio

By Rebecca Bream

Published: May 5 2008 17:36 | Last updated: May 5 2008 17:36

Marius Kloppers, chief executive of BHP Billiton, will this week go on the offensive again in the takeover battle between the world’s biggest mining company and Rio Tinto, its target.

He will use a briefing on Wednesday with investors and analysts about prospects for BHP’s oil and gas division to say that BHP can expand at least as rapidly as Rio over the next few years.

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