Swiss-based, diversified base metal miner Xstrata (XTA-L) has launched a hostile, all-cash offer for the world's third-largest nickel miner, Australia's WMC Resources (WMC-N).Xstrata is offering A$6.35 (about US$4.73) in cash per WMC share, valuing WMC's 287.5 million oustanding shares at...
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