Anglo rejects Xstrata

ANGLO American has rejected Xstrata’s merger offer, saying the terms of the proposal were “totally unacceptable”. Analysts believe shareholders may force the issue, however.

Anglo rejects Xstrata Anglo rejects Xstrata Anglo rejects Xstrata Anglo rejects Xstrata Anglo rejects Xstrata

Xstrata revealed at the weekend it had approached major mining house Anglo American with a merger proposal the Swiss miner said was “compelling”

However, today Anglo said the offer would “profoundly

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