NICKEL MERGER – CVRD gets okay from Europe

TORONTO - COMPANHIA VALE DO RIO DOCE (CVRD) of Brazil has reported that it has obtained an unconditional clearance ...

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TORONTO - COMPANHIA VALE DO RIO DOCE (CVRD) of Brazil has reported that it has obtained an unconditional clearance from the European Commission under the EC Merger Regulation with respect to its offer to acquire all of the outstanding common shares of INCO LTD.

The Cdn$86 per share, all-cash offer will expire on Oct. 16, 2006. Information on CVRD's worldwide operations is available at www.CVRD.com.br.

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