another suitor?

  1. 934 Posts.
    From Fin Review

    While Anglo-American is widely seen as a likely counter-bidder to Xstrata for MIM, one left-field possibility that has gone unnoticed is US copper giant Phelps Dodge. It is reckoned that the $US2.9 billion ($4.8 billion) group was willing to offer $1.90 a share for MIM, an offer preferred by the senior executive team led by intransigent managing director Vince Gauci."
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