LionOre Mining International Ltd

Xstrata tops Norilsk’s bid for LionOre

Russia’s Norilsk Nickel (NILSY-O, MNODL-L) has until May 25 to outbid Xstrata (XSRAF-O, XTA-L) a second time in its attempt to take over LionOre Mining International (LIM-T, LMGGF-O).

Susan Kirwin

Norilsk Outbids Xstrata for LionOre

Norilsk Nickel (NILSY-O, MNOD-L) has thrown a $5.3-billion offer on the table for Toronto’s LionOre Mining International (LIM-T, LMGGF-O), topping Xstrata’s (XTA-L, XSRAF-O) $4.6-billion friendly take…

Xstrata offers $4.6B for LionOre

Nickel prices may not have hit the roof yet, but LionOre Mining International (LIM-T, LMGGF-O, LOR-L) is urging its shareholders to agree to a $4.6-billion friendly takeover bid by Xstrata (XTA-L, XSR…

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