Xstrata ditches Indophil bid
August 22nd, 2008
Filed under: Mineral - Copper, Mineral - Gold, Operator - Indophil Resources NL, Operator - Xstrata
From: business.theage.com.au
Xstrata, the world’s fourth-largest copper producer, has abandoned a $545 million bid for Indophil Resources, yielding to a management buyout group that sweetened its rival offer.
Leave a Reply
Please note that your comments will be subject to moderation by the PMEA Blog Administrator.