(Reuters) - Xstrata Plc said on Friday it would not exercise its right to match Norilsk Nickel's C$6.8 billion takeover offer for Canada's LionOre Mining International Ltd..
Norilsk unveiled its enhanced bid last week, which topped Xstrata's most recent offer of C$6.2 billion. LionOre determined Norilsk's offer superior to Xstrata's.
Read more at Reuters Africa
Norilsk unveiled its enhanced bid last week, which topped Xstrata's most recent offer of C$6.2 billion. LionOre determined Norilsk's offer superior to Xstrata's.
Read more at Reuters Africa
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