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Xstrata seals the deal.


Switzerland's Xstrata Xstrata plc is an international mining company, listed on both the London Stock Exchange (LSE: XTA) and the SWX Swiss Exchange. Its headquarters are in Zug in Switzerland and it is a member of the FTSE 100 Index.  Plc. has completed its $24.8 billion takeover of Falcon-bridge after taking 99 per cent of the nickel nickel, metallic chemical element; symbol Ni; at. no. 28; at. wt. 58.69; m.p. about 1,453°C;; b.p. about 2,732°C;; sp. gr. 8.902 at 25°C;; valence 0, +1, +2, +3, or +4.  miner's outstanding common shares.

In an Oct. 13 release, Xstrata stated that it has now acquired all of Falconbridges outstanding shares as of the close of business, Sept. 1 (that it did not already own).

Xstrata acquired Falconbridge Falconbridge can mean:
  • Falconbridge Limited
  • Falconbridge, Middlesex County, Ontario
  • Falconbridge, Greater Sudbury, Ontario
  • The Bastard of Fauconberg
  • Lord Falconbridge, son-in-law of Oliver Cromwell
 after a heated battle with Inco, Phelps Dodge Phelps Dodge Corporation is a former United States company founded in 1834 by Anson Greene Phelps and William E. Dodge. On March 19, 2007, it was acquired by Freeport-McMoRan and now operates under the name Freeport-McMoRan Copper & Gold Inc. . They expect to complete integration by year's end. including a review of all Falcon-bridge's operations aluminum business.
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Title Annotation:AROUND THE NORTH
Publication:Northern Ontario Business
Date:Nov 1, 2006
Words:83
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