(Reuters) - Russia's Norilsk Nickel, the world's largest nickel miner, on Thursday bid $4.8 billion to take over Canada's LionOre, topping a rival offer by Xstrata.
Norilsk said it had offered 21.50 Canadian dollars a share for LionOre, the world's No.10 nickel miner, which has operations in Botswana, South Africa and Australia and produced 34,000 tonnes of the metal last year.
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