Could this have worked out any better for China? We’re talking about the position Rio Tinto put itself in by taking on US$38 billion in debt to acquire Alcan—and stave off the unwanted advance of an amorous BHP. Now, in a world where refinancing that debt is near impossible for one of the world’s largest miners, it must sue for peace with a strategic partner…
February 13th, 2009 | Dan Denning | 4 comments | Continued
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All Ordinaries 4318.900 -40.500
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Gold Sep 11 0.00 0.00
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2012-02-14 00:39 Most Comments
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