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.
BHP Billiton abandons Rio offer
Nov 25, 2008 | News
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.