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Europe Daily Bulletin No. 9195

19 May 2006
Contents Publication in full By article 39 / 43
ECONOMIC INTERPENETRATION / (eu) mining

The Swiss company XSTRATA, fifth largest mining group in Switzerland, has launched a takeover bid for the Canadian company FALCONBRIDGE, which is already subject to another bid by another Canadian company, INCO. XSTRATA, which already owns 20% of capital in FALCONBRIDGE, has made a bid of C $52.50 per share - € 11.3 billion got the remaining 80% of the capital. INCO is prepared to put € 13.3 billion in cash and shares on the table for 100% of FALCONBRIDGE's capital, C $51.17 per share.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION