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BBC: Xstrata to raise £4bn to cut debt

Started by riky, January 29, 2009, 12:01:31 PM

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riky

January 29, 2009, 12:01:31 PM
Xstrata to raise £4bn to cut debt

The mining group Xstrata plans to raise £4.1bn ($5.9bn) in a discounted sale of new shares to cut its level of debt.

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