XTA

"Elsewhere, fading bid hopes hurt Xstrata, which shed 92p to 3,742p following reports that a recent slump in Vale's share price had wounded the Brazilian miner's gambit to take over its Anglo-Swiss rival."

http://www.independent.co.uk/news/business/sharewatch/market-report-cairn-soars-after-rumours-of-bid-from-eni-794493.html