High Debt Level Kills BHP Bid

  • Friday, November 28, 2008
  • Source:

  • Keywords:iron ore, BHP
[Fellow]
BHP Billiton’s CEO Marius Kloppers speaks after the company’s annual meeting in Melbourne yesterday. BHP painted a gloomy near-term outlook for metals demand yesterday as it defended its decision to drop the bid for Rio Tinto. — Xinhua/Reuters
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