TORONTO With no other offers on the table, the board of FALCONBRIDGE has recommended to shareholders that they tender their shares to XSTRATA. The Anglo-Swiss mining giant has made an all-cash offer of Cdn$62.50 per Falconbridge share for the 75.5% of the company it does not currently own.
The offer expires on Aug. 14 and is conditional on the approval of Xstrata shareholders.
See either www.Falconbridge.com or www.Xstrata.com.
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