German regulators are planning to block a planned $116B iron ore JV between Rio Tinto (RTP) and...

|By:, SA News Editor

German regulators are planning to block a planned $116B iron ore JV between Rio Tinto (RTP) and BHP (BHP). Germany's stated “intention to prohibit” is the first formal or indicative ruling of any kind on the deal and likely foreshadows a rejection of the deal by the European Commission. (previously)