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BHP goes to POT

DESPITE a healthy lead on Wall Street, it was a pretty lacklustre session on the Australian Securities Exchange today, while BHP Billiton tumbled after announcing its $A43 billion hostile bid for Potash Corporation.

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The benchmark S&P-ASX 200 index hit a five-day high of 4494.9 points before cooling to close at 4474.9 points, down 0.05%, while the All Ordinaries finished 0.02% higher at 4503.9 points. Investors...

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