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Xstrata (XSRAF.PK) shareholders can blame Martin Sorrell for the stock's 5% swoon in London...

  • Wednesday, June 13, 2012, 3:13 PM ET
    Xstrata (XSRAF.PK) shareholders can blame Martin Sorrell for the stock's 5% swoon in London trading today. The merger of Glencore (GLCNF.PK) and Xstrata is contingent on shareholders approving a package of incentives for Mick Davis and his Xstrata colleagues worth at least £217M, and the vote against Sorrell's big payday makes the deal look even more unlikely.
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