Xstrata Says No Intention to Bid for Anglo American

Summary


MANAVIGATOR-October 15, 2009-Xstrata says no intention to bid for Anglo American (C)2010 M2 COMMUNICATIONS http://www.m2.com

Global mining company Xstrata (LON:XTA) announced on Thursday it has abandoned its plan to bid for rival Anglo American (LON:AAL) before the deadline imposed by the UK Takeover Panel, pulling out of a deal opposed by Anglo American.

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Xstrata Says No Intention to Bid for Anglo American

The decision reflects Xstrata's ...

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