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, XSRAF-O), partly because it believes the direction of the...

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