Posted In: Mergers and Acquisitions
About 18 months ago Australian mining giant BHP Billiton decided it was a good time to get bigger. It launched a hostile bid for its smaller British rival Rio Tinto -- a $200 billion deal. But today BHP walked away. Dan Grech reports.
Argentina's government announced it will nationalize the country's private pension system, which works somewhat like 401K accounts in the U.S. Dan Grech reports the move is to combat mounting debts.