Inco & Falconbridge

Inco forges nickel giant -- Falconbridge's agreed break fee under fire Peter Brieger, Financial Post, Oct. 13, 05

Falconbridge Ltd.'s decision to pay Inco Ltd. US$320-million should the latter's friendly takeover bid fail is "absolutely outrageous" and could block rival offers for the company, corporate governance critics said yesterday. [. . . . ]

Mr. Hand, who will be the new company's CEO, said Chinese demand for nickel is growing at a furious pace while European orders are also picking up. That demand comes as Inco is set to realize production from the long-awaited Voisey's Bay project in Labrador. [. . . . ]

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