Xstrata makes A$428M bid for Sphere

News by BMI Editorial

Xstrata subsidiary Sidero Pty Limited has agreed to pay A$428M (US$383M) in an all-cash offer for Australian iron ore developer Sphere Minerals Ltd.

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Business Business/Commerce Miscellaneous Materials & Commodities Mergers/Acquisitions/Restructuring Australasia and Oceania Australia Australia Acquisitions and mergers Iron Ore Places Societe Nationale Industrielle et Miniere West Africa Xstrata

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