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Empresas y finanzas

Rio Tinto shares jump on market talk on BHP bid


    MELBOURNE (Reuters) - Shares in global miner and takeover target Rio Tinto Ltd jumped 7 percent in a weak market on Wednesday, on talk that BHP Billiton's $70 billion takeover bid for Rio Tinto would succeed, traders said.

    Dealers and fund managers said it was hard to pinpoint what exactly was moving the shares and noted that trading volumes were thin, although some pointed to unsubstantiated rumors that BHP Billiton might revise its all-share bid.

    BHP Billiton declined to comment.

    (Reporting by Sonali Paul, Editing by Mark Bendeich)