Xstrata Given a Deadline Over Anglo American [Edition 2]

Evening Standard - London › October 02, 2009

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Summary

SWISS mining giant Xstrata has been given just three weeks to "put up or shut up" on its proposal to merge with rival Anglo American by the City Takeover Panel.

Anglo asked the Takeover Panel on Tuesday to force Xstrata to make a formal offer on its merger bid or walk away for six months.

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Extract

Xstrata Given a Deadline Over Anglo American [Edition 2]

Today the panel imposed a deadline of 5pm o...

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