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Sherritt raises Fording stakes

THE takeover battle for Canadian coal miner Fording stepped up another notch overnight when Sherr...

Tim Treadgold

The increase by Sherritt and its partner, the Ontario Teachers' Pension Fund, beats by C$1 a rival C$34 a share offer from Teck Cominco and Westshore Terminals. The latest bid values Fording at C$1.8...

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