Local market intelligence firm Frost & Sullivan does not believe that the merger between Anglo American PLC and Xstrata will go ahead.
“Without delving much into the synergies that are likely to be realised from the complimentary businesses, such as coal and iron ore, my feeling is that it looks very unlikely that this proposed merger [...]

Resources group Xstrata PLC has responded to the offer made by Anglo American for a potential merger.
The company released the following announcement on Sunday:
Xstrata plc notes the announcement made by Anglo American plc (“Anglo American”) today.  Xstrata confirms that it recently sent a written proposal to the Board of Anglo American seeking their consideration of [...]