Canada's two largest pension funds are sounding out potential partners for separate bids to...


Canada's two largest pension funds are sounding out potential partners for separate bids to acquire Rio Tinto's (RIO -1.8%) ~$4B in Canadian iron ore assets, WSJ reports. CPP Investment Board is said to be working with Apollo Global (APO) and others; Blackstone (BX) and Glencore Xstrata (GLCNF.PK) reportedly also have expressed interest. (earlier)

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