M&A

Vale, Xstrata scrap merger talks

BRAZILIAN mining giant Vale and Switzerland-based diversified miner Xstrata have called off talks to merge which would have created the world's largest mining company.

MiningNews.Net
Vale, Xstrata scrap merger talks

Both companies today issued separate statements saying that discussions over a potential deal estimated to be worth around $US90 billion ($A99 billion) had been terminated. Vale said it had made an...

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