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Xstrata Prevails in Battle for Falconbridge

机译:Xstrata战胜Falconbridge

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摘要

On August 14, 2006, Xstrata reported that it controlled 92.1 percent of Falconbridge and was moving to consolidate its victory in its bidding war with Inco Ltd. Inco remained the target for unresolved takeover bids from Phelps Dodge and CVRD (see following story). "Xstrata has taken effective control of Falconbridge and both management teams are working closely together to facilitate a smooth and swift integration of the two businesses," Xstrata said. On August 17, Falconbridge CEO Derek Pannell and CFO Steve Douglas resigned, as did all but one member of the Falconbridge board. A new board of Xstrata nominees was formed on the same day. On August 21, former Falconbridge President Aaron Regent left the company and Joe Laezza, former president of Falconbridge's nickel operations, announced his retirement.
机译:2006年8月14日,Xstrata报告称,它控制了Falconbridge 92.1%的股份,并正在巩固与Inco Ltd的竞标战中的胜利。Inco仍然是Phelps Dodge和CVRD悬而未决的收购要约的目标(请参阅以下故事)。 “ Xstrata已对Falconbridge进行了有效控制,并且两个管理团队正在紧密合作,以促进这两个业务的平稳,迅速整合。” Xstrata说。 8月17日,Falconbridge首席执行官Derek Pannell和首席财务官Steve Douglas辞职,Falconbridge董事会成员中只有一名成员辞职。在同一天成立了Xstrata提名人的新董事会。 8月21日,Falconbridge前总裁Aaron Regent离开了公司,Falconbridge镍业务的前总裁Joe Laezza宣布退休。

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