Thursday, February 28, 2008

XTA

"Xstrata was lifted 47p to 4,137p by some late bid talk, which suggested the possibility of a 5,000p-per-share bid from its rival Anglo American. The Anglo-Swiss giant has been at the centre of sector consolidation talk for some time as the market awaits an approach from Vale, the Brazilian miner which is thought to be working on a bid of its own."

http://www.independent.co.uk/news/business/sharewatch/market-report-schroders-steps-back-into-the-takeover-spotlight-788596.html