Brazilian miner Vale has raised its bid for rival Xstrata by 17 percent to more than $89 billion, and a formal offer is expected in the coming days, a source with direct knowledge of the merger talks said Thursday.
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Brazil miner Vale raises bid for Xstrata:
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Rio Tinto shares roar ahead
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Chemtura raises prices for some flame retardants
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Lonmin rejects takeover bid from Xstrata
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Vale may cut iron-ore price
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Michaels commences Tender Offer
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Vale investing in iron ore distribution facilities in Malaysia
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Vallares raises GBP1.35 billion to buy oil assets
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Shares of Disney (dis) are up 0.6% to $65.44 premarket after the company announces a deal with
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Optionsxpress hikes dividend 28 percent
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Developer Orco starts talks on capital increase
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Large sums of money had been bet on Brazil
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Shares in Optimisa jump 55%
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Sensex has support at 16,890 & 16,750:
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Metro raises dividend
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Vale lifts force majeure on certain iron ore shipments
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POSCO raises steel prices