Xstrata raises the stakes (July 17, 2006)

After taking a few days to root around in its pocketbook, Xstrata (XSRAF-O, XTA-L) has boosted its all-cash bid for the 80.2% of Falconbridge's (FAL-T, FAL-N) shares it doesn't already own by $6.50 per share to $59.00.The sweetener came four...