Xstrata may fight Inco for Falconbridge

Nov 07, 2005 | 01:25 PM | Rory Carroll

Industry sources said Monday they could not confirm a story published over the weekend that said Xstrata Plc would soon bid for Falconbridge Ltd.-but no one would say it was out of the question, either.

Swiss-based Xstrata will make an offer for Falconbridge in the next couple of weeks that will trump Inco's Canadian $12-billion ($10.2-billion) proposal, British newspaper The Mail on Sunday reported.

The story provoked much industry speculation Monday, but no one could substantiate the report.....

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