Anglo American (AAUK) will likely issue a detailed rebuttal to Xstrata's (OTC:XSRAF) 'merger of...

Anglo American (AAUK) will likely issue a detailed rebuttal to Xstrata's (OTC:XSRAF) 'merger of equals' approach by month-end, followed by a 'put-up-or-shut-up' request to the UK takeover panel that could force Xstrata's hand, Investec says. Firm sees the chances of a merger as very low.