Australian government paves way for Xstrata to takeover WMC




 
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February 12th, 2005  
News Manager
 

Topic: Australian government paves way for Xstrata to takeover WMC


AFP - The Australian government said it would not block Anglo-Swiss mining giant Xstrata's hostile takeover bid for WMC Resources despite opposition within its own ranks at giving a foreign company control of the world's largest uranium deposit.

http://story.news.yahoo.com/news?tmpl=story2&u=/afp/20050211/wl_uk_afp/australiaresourcescompanywmcxstrata]Read more...[/url]