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

|By:, SA News Editor

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)