TAKEOVER FINE TUNING – Inco, Falconbridge address antitrust worries

TORONTO - INCO LTD. and FALCONBRIDGE have received a request from the Antitrust Division of the U.S. Dept. of Justi...
TORONTO - INCO LTD. and FALCONBRIDGE have received a request from the Antitrust Division of the U.S. Dept. of Justice regarding Inco's friendly takeover of Falconbridge. The request, under the terms of the Hart-Scott-Rodino Act, would extend the waiting period beyond Nov. 16 to 30 days after the companies have responded to the request.

Inco and Falconbridge jointly stated that they anticipated the request and will respond promptly. They have been working with the department's staff and will continue to do so. The companies are also working with the competition authorities in Europe and Canada.

Full details of the takeover are available at both www.Inco.com and www.Falconbridge.com.

Comments

Your email address will not be published. Required fields are marked *

Dec 03 2024 - Dec 05 2024
Mar 31 2025 - Apr 03 2025