Xstrata in new bid for mines firm
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Swiss mining firm Xstrata has relaunched an $7.4bn Australian dollar ($5.8bn) takeover bid for Australia&#39;s WMC by appealing to its shareholders.
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Mining giant Xstrata tables a bid for Australian nickel producer Jubilee Mines for 3bn Australian dollars ($2.8bn; Â£1.34bn).
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SYDNEY (Dow Jones)--Swiis mining group Xstrata PLC (XTA.LN) said Tuesday it is willing to consider listing on the Australian Stock Exchange if its bid for WMC Resources Ltd.
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MELBOURNE (Dow Jones)--BHP Billiton Ltd. (BHP) remains in the hunt for WMC Resources Ltd. (WMC) with an internal team assessing its options for making a counter offer to Xstrata PLC&#39;s (XTA.
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The world&#39;s largest mining group, BHP  Billington Ltd.,  is considering a rival bid for  aluminum producer Alcan Inc.  and has hired an  investment bank, sources familiar with the matter said on  Monday.
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MELBOURNE - Australian nickel and copper miner WMC Resources rejected aA$7,4bn takeover bid from Xstrata, but left the door open for a higher offer, which sent its shares soaring.
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MELBOURNE (Dow Jones)--Swiss-based Xstrata Plc (XTA.LN) Thursday put WMC Resources Ltd. (WMR.AU) in play, offering A$7.4 billion for the Australian miner that represents the start of a long bidding war.
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Brazilian mining giant Vale said Monday it was in talks with Anglo-Swiss rival Xstrata about a takeover, a deal that analysts said could top $100 billion in one of the biggest mergers ever.
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OLYMPIC DAM, South Australia (Dow Jones)--WMC Resources Ltd. (WMR.AU) is pinning its defense from aA$7.4 billion takeover bid by Xstrata PLC (XTA.
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IF Xstrata&#39;s Scotch CEO Mick Davis thought he could get WMC Resources on the cheap he now knows otherwise. The Swiss miner is offering $7.4 billion, or $6.35 a share, for Australia&#39;s third biggest resources company.
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Xstrata&#39;s $4.97-a-share cash offer is the same price rejected by WMC&#39;s board a few weeks ago when the Swiss company made its initial approaches.
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Brazilian mining giant Vale said  Monday it was in talks with Anglo-Swiss rival Xstrata about a  takeover, a deal that analysts said could top $100 billion in  one of the biggest mergers ever.
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Shares in Anglo-Swiss miner Xstrata   climbed as much as 3.2 percent on Wednesday, as traders  cited persistent market talk of a bid from Brazilian mining  giant Vale (VALE5.SA).
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The world's largest mining group, BHP Billington Ltd.,  is considering a rival bid for aluminum producer Alcan Inc.  and has hired an investment bank, sources familiar with the matter said on Monday.
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Australian mining group WMC Resources Ltd has formally rejected a 7.4 billion dollar (5.73 billion US) takeover bid by Swiss-based Xstrata Plc, using an independent report to back its view the offer was neither fair or reasonable.
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Brazilian mining giant Vale said on Monday it has held takeover talks with Anglo-Swiss rival Xstrata, which analysts said could lead to deal worth more than $100 billion.
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Australian nickel and copper miner WMC Resources has rejected aA$7.4 billion (3 billion pounds) takeover bid from Swiss-based Xstrata, but has left the door open for a higher offer.