Falconbridge completes C$24.1 billion sale to Xstrata
Date Closed
August 16, 2006
Lead Office
Toronto
Value
24.10 Billion CAD
On August 16, 2006, Xstrata successfully acquired Falconbridge for C$24.1 billion . At the time, this was the largest global mining takeover to date, and one of the largest takeover bids in Canadian history.
McCarthy Tétrault LLP represented Falconbridge by a team led by Garth Girvan, and including Ian Arellano, Joan Beck, Frank DeLuca, Jonathan Grant, Gabrielle Richards, and Harry Underwood.
Further information is found on McCarthy's website.