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Xstrata bid materialises

ZUG-based Xstrata has done what Alcoa didn't and launched a hostile cash takeover bid for WMC Res...

Michael Quinn
Xstrata bid materialises

However, according to Xstrata, the offer price represented a 29.1% premium to WMC’s share price before the speculation about the takeover began late in October, and a 43.3% premium to the average base...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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