LONDON (AFX) - Xstrata PLC said it now owns 97.1 pct of Falconbridge Ltd after acquiring a further 4.9 pct by last night's deadline to accept its 62.50 cad per share offer for the Canadian group.
As it now owns over 90 pct of Falconbridge, Xstrata will begin compulsory acquisition of the remaining shares. newsdesk@afxnews.com ak COPYRIGHT Copyright AFX News Limited 2005. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited