Brazilian-miner Companhia Vale do Rio Doce (CVRD) announced Oct. 16 that it is extending the deadline on its $19.1 billion (CDN) offer to acquire all outstanding shares of Inco Ltd.
CVRD said the deal, which was set to expire Oct. 16, was extended until Oct. 23 at 8 pm (eastern time) to give Investment Canada time to approve the offer. All other terms and conditions of the CVRD offer remain unchanged.
