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BHP backs down

Started by Joelle, November 27, 2008, 01:08:06 PM

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Joelle

November 27, 2008, 01:08:06 PM
BHP backs down
      

Sliding commodities prices and the threat of a global recession have claimed another M&A victim, as mining giant BHP Biliton abandoned its hostile $66 billion bid for rival Rio Tinto.
         

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