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 takeover bid by more than 16%.The Russian nickel giant has offered $21.50 cash for each...

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