(Reuters) - LionOre, the world's 10th-largest nickel producer, said it
is terminating the support agreement it had signed with
Xstrata, and will pay the Swiss miner an agreed C$305 million
break fee.
"The LionOre board will unanimously recommend that
shareholders accept the offer from Norilsk Nickel and deposit
their shares into the offer," LionOre said in a statement.
Read more at Reuters.com Mergers News
is terminating the support agreement it had signed with
Xstrata, and will pay the Swiss miner an agreed C$305 million
break fee.
"The LionOre board will unanimously recommend that
shareholders accept the offer from Norilsk Nickel and deposit
their shares into the offer," LionOre said in a statement.
Read more at Reuters.com Mergers News
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