Business
Phoenix-based Phelps Dodge would gain Inco and Falconbridge in a $40-billion deal.
June 27, 2006
Shareholders may prefer an all-cash bid from CVRD of Brazil over two rivals’ cash-and-stock offers, analysts say.
Aug. 12, 2006
Diamond Fields Resources Inc., which controls the world’s largest nickel strike, on Wednesday agreed to a $3.2-billion takeover offer from Inco Ltd., brushing aside a rival bid from Falconbridge Ltd.
April 4, 1996
Teck Cominco Ltd. said Monday that it would pay 17.8 billion Canadian dollars ($16 billion) for Inco Ltd. on the condition that the mining company drop its bid for rival Falconbridge Ltd.
May 9, 2006
A friendly deal between Inco Ltd. and Falconbridge Ltd. still makes the most sense, the two firms said as they rejected separate hostile bids.
June 1, 2006
Canadian nickel miner Inco Ltd. said Friday that it was dropping out of a bidding war for rival Falconbridge Ltd., opening the door for Anglo-Swiss mining company Xstrata to move ahead with a hostile takeover of Falconbridge.
July 29, 2006
Inco Bids $3.3 Billion for Diamond Fields: The bid by the Western world’s largest nickel producer is designed to boost its stake in Diamond Fields Resources Inc.’
March 27, 1996
Inco Ltd. elbowed Swiss rival Xstrata out of the race for Falconbridge Ltd. with a friendly bid valued at 12 billion Canadian dollars ($10.2 billion).
Oct. 12, 2005
California
The Board of Directors this week placed the growth limit initiative sponsored by Pasadena Residents in Defense of their Environment (PRIDE) on the March 7 ballot to join its own rival interim growth measure.
Dec. 1, 1988
Robot Defense Systems, San Francisco, signed a contract with the Ontario division of Inco Ltd., New York, to develop a robotic vehicle for underground mining, Inco said.
April 27, 1986