Xstrata (XSRAF.PK) proposes a "merger of equals" with Anglo American (AAUK), noting the pair's...

|About: Anglo American plc ADR (AAUKY)|By:, SA News Editor

Xstrata (XSRAF.PK) proposes a "merger of equals" with Anglo American (AAUK), noting the pair's "complimentary assets." Analysts say a tie up is very compelling, and could save them $750M/year while emerging as a world leader in base metals, platinum, ferrochrome and coal, but AAUK has resisted the idea.