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Xstrata bows to Norilsk's LionOre offer

SWISS-based major Xstrata has elected not to match the $C6.8 billion ($A7.7 billion) takeover off...

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Xstrata bows to Norilsk's LionOre offer

Late last month, Canadian-based LionOre declared the Norilsk's offer of $C27.50 a share was a superior proposal to Xstrata's previous offer of $25/share in March. Under the terms of the support agreement,...

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