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Reuters: Xstrata plans rights issue to raise $5.9 billion

Started by chris, January 29, 2009, 09:59:12 AM

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chris

Xstrata plans rights issue to raise $5.9 billion
      


LONDON (Reuters) - Mining group Xstrata Plc, whose shares have been hit by worries about its debt, said it plans to raise about $5.9 billion through a heavily-discounted two-for-one rights issue of new stock.<div class="feedflare">
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