Xstrata raises Falconbridge bid as Inco, Phelps Dodge stand pat

Article Abstract:

Xstrata PLC of the United Kingdom sweetend its hostile offer for Falconbridge Ltd. of Canada to approximately $19.2 billion (Canadian Dollars). The British mining interest is bidding for the 80 percent of Falconbridge Ltd. it doesn't already own. The merger values Falconbridge Ltd. at $24.1 billion.

Author: Chipello, Christopher J., Weinberg, Stuart, Range, Jackie
Switzerland, Xstrata PLC

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Falconbridge to sell nickel plant to advance merger with Inco

Article Abstract:

Falconbridge Ltd. of Canada is to sell Nikkelverk nickel refinery in Norway to LionOre Mining International Ltd. also of Canada for $650 million. The move is to fuel a pending merger between Falconbridge Ltd. and Inco Ltd. of Canada.

Author: Heinzl, Mark
LionOre Mining International Ltd., Company overview

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Goldcorp to buy miner Glamis for $7.8 billion

Article Abstract:

Goldcorp Inc. is acquiring Glamis Gold Ltd. for $7.8 billion, creating one of the world's largest gold-mining companies. The merged company will be headquartered in Vancouver, British Columbia.

Author: Chipello, Christopher J.
United States, Goldcorp Inc., GG, Glamis Gold Ltd., GLG

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Subjects list: Canada, Mergers, acquisitions and divestments, Company acquisition/merger, Mining industry, Metal products industry, Metalworking industry, Mineral industry, Falconbridge Ltd., Gold industry
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