We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Inco we trust

14 May 2006 By Rob Cox

The Canadian miner sweetened its offer to nearly $18bn and raised its breakup fee a day before the shackles come off Xstrata. This is clearly a defensive gambit to thwart Xstrata and scuttle Teck’s hostile $16bn offer. But shareholders may question the logic.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)