News just off the wire says the federal judge in the Asarco bankruptcy case, has ordered former owner Grupo Mexico to pay damages of about $6 billion including "the return of 54% of the stock in Southern Peru Holdings and damages worth about an additional $1 billion" to Tucson-based Asarco. Grupo Mexico stock dropped 15%.
Sterlite Industries came to agreement last month to acquire Asarco for about $1.7 billion in cash and notes.