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.

People