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What’s taking Ottawa so long on Inmet? Add to ...

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It’s odd enough that First Quantum Minerals Ltd. has to get approval from Investment Canada for its $5.1-billion hostile takeover of Inmet Mining Corp., but it’s even odder that a decision is taking this long.

First Quantum on Wednesday extended its bid for Inmet until March 11 because Investment Canada approval didn’t come in the first 45 day period. Now, the review is into a 30 day extension.

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