Monday, May 7, 2007

LionOre says Norilsk bid superior to Xstrata's

(Reuters) - The Canadian mining company said it has notified Xstrata, which has until May 14 to match the offer.

Norilsk, the world's biggest nickel miner, has offered C$21.50 in cash for each share of LionOre, compared with C$18.50 a share offered by Swiss-based Xstrata.


Read more at Reuters.com Mergers News

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