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Xstrata Jubilee

29 October 2007 By Una Galani

The AngloSwiss miner was outbid for Canada s Lionore. But it’s agreed to pay a higher multiple for an Australian rival. Nickel is still appealing, despite falling 40% from its peak. That means that Xstrata could get outbid again, even with 18% of the shares locked up tight.

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