BHP: gets partial U.S. anti-trust clearance for Rio bid
SYDNEY (Reuters) - BHP Billiton Ltd/Plc (BHP.AX: Quote, Profile, Research, Stock Buzz)(BLT.L: Quote, Profile, Research, Stock Buzz) has received partial clearance from U.S. anti-trust watchdogs to proceed with its bid for rival Rio Tinto Ltd/Plc (RIO.AX: Quote, Profile, Research, Stock Buzz)(RIO.L: Quote, Profile, Research, Stock Buzz), BHP said on Thursday.
It said it had received notice of an early termination of the Hart-Scott-Rodino Act waiting period and completion of a merger review by the Department of Justice.
The Act gives the U.S. government a chance to review the potential effects on competition of mergers.
(Reporting by James Regan)
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