Saturday, June 16, 2007

Norilsk says Norway regulator clears LionOre bid

(Reuters) - LionOre advised its investors last week to accept the
Norilsk bid, after Anglo-Swiss miner Xstrata -- which made
prior bids -- elected not to match Norilsk's offer. Norilsk and
Xstrata have also entered a support agreement.




Norilsk also extended the expiration time for its all-cash
offer to June 28 from Monday. LionOre is the world's
10th-largest nickel producer.


Read more at Reuters.com Mergers News

AIRSHOW-EADS seeks to prove itself as a "normal company"

(Reuters) - The call from French and German executives came on the eve
of the Paris Air Show, where French President Nicolas Sarkozy is
expected to set out his vision for European aerospace amid
doubts over the future of a sensitive EADS shareholder pact.




EADS has been plagued by disagreements between French and
German shareholders, politicians and staff over output delays at
Airbus, which contributed to 10,000 job cuts and slowed down
Europe's largest industrial project, the A380 superjumbo.


Read more at Reuters.com Mergers News