Xstrata Plc acquired Falconbridge Ltd., valuing Falconbridge at $24.1 billion and creating the world's fourth-largest mining company. Xstrata acquired a 19.8 % stake in Falconbridge in August 2005 for $2.05 billion. This bid marks the largest successful all cash offer in Canadian history. Davies provided M&A, tax, securities, corporate & competition advice to Xstrata.
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2006