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The Day After for Rio Tinto

Started by Joelle, November 27, 2008, 01:08:02 PM

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Joelle

The Day After for Rio Tinto
      


A day after mining giant BHP Billiton dropped its bid for rival Rio Tinto, Rio said it was confident it could sell assets worth billions of dollars. Analysts aren't convinced.
As the credit crisis dries up available funds, some companies are backing away from buying anything.
"The environment over the next six to 12 months is not [...]
         

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