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European Commission Voices Antitrust Concerns Over BHP’s Bid for Rio Tinto

Nov 5th, 2008 | By Jason Simpkins | Category: Financial News

BHP Billiton Ltd. (BHP) yesterday (Tuesday) received a formal complaint from the European Commission that detailed antitrust concerns about the mining giant’s proposed buyout of Rio Tinto PLC (RTP). Despite a sharp decline in commodities prices, BHP will likely make every effort to move on with the deal, which could mean selling some of its assets.

Tags: Alcan Inc, Antitrust Concerns, Bhp Billiton Ltd, commodities prices, Commodity Prices, European Commission, Iron Ore, Jason Simpkins, Mining Company, Rio Tinto Plc
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