Reuters first with major shareholder saying Xstrata to walk away from Anglo

Reuters was first to report on Oct 12 that mining group Xstrata had told a major shareholder that it would likely abandon its bid for rival Anglo American. The company also told the investor that it would wait another six months before revisiting the deal. Xstrata rose 2 percent. Dow Jones and Bloomberg were unseen. Three days later, Xstrata said it would walk away from Anglo.