Mark Potter
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/ 7 August 2007

Xstrata bids $1bn for Eland Platinum, profit up

Miner Xstrata announced a -billion offer for South Africa’s Eland Platinum Holdings and met forecasts with a 47% rise in first-half net profit on Tuesday. Swiss-based Xstrata said its R105-a-share cash offer was 14% above Eland’s 30-day volume-weighted average price and that it had secured support from shareholders owning 51% of the South African firm.

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/ 8 May 2007

Thomson in talks to buy Reuters for $17,6bn

Canada’s Thomson Corporation is in talks to buy Reuters Group for about £8,8-billion (,6-billion) to create the world’s biggest news and financial data company. Under the terms of the proposed deal Reuters investors would get 352,5 pence in cash and 0,16 Thomson stock for each share, worth 697 pence a share.