"Mining group Xstrata slipped 92p to £37.42 as hopes of an imminent takeover by Brazil's Vale eased. However, traders noted that while there were clearly a number of hurdles still to cross - including the disagreement over Xstrata's marketing rights - the shares would probably have fallen much further if the talks were about to collapse."
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/12/cxmktrep112.xml