BHP-Rio Tinto Deal Faces Extended Antitrust Scrutiny

Law360, New York (June 21, 2010, 6:16 PM EDT) -- Germany and Australia extended their probes into the proposed iron ore joint venture between Rio Tinto Ltd. and BHP Billiton Ltd. on Monday, the same day the companies reached a deal on royalties with the Western Australia government.

Germany's Bundeskartellamt, or Federal Cartel Office, pushed back its deadline to review the joint venture under its merger control procedure by two months to Oct. 31. The move marks the third time the antitrust watchdog has delayed its review, which was originally set to be completed by July...
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