Summary
XSTRATA has snapped up 20% of Canadian-listed global miner Falconbridge from Brascan Corporation just days after signalling it was on the acquisition trail.
The mining group led by chief executive Mick Davis said the C$2 billion (Pounds 944 million) purchase boosts its interests in copper and gives it a stake in the booming nickel market, expanding its portfolio of commodities as prices soar.See the full content of this document
Extract
Xstrata Grabs Stake in Canadian Miner
The deal also effectively kills off competitio...
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