XTA

"Vale, the Brazilian miner, is talking to its bankers about funding a takeover of Xstrata, which could be worth more than $90 billion (£46 billion), but the Latin American metals group said yesterday that discussions with its Anglo-Swiss rival had not produced a deal."

http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article3227843.ece