London Mining Network

Holding the mining industry to account

BHP Billiton abandons Rio offer

Posted on | November 25, 2008 | Comments Off

BHP Billiton has called off its bid for rival miner Rio Tinto, blaming falling commodity prices and regulatory demands that it sell off assets. See http://news.bbc.co.uk/1/hi/business/7747418.stm.

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