text: Xstrata sets hostile bid for WMC Xstrata on Monday launched a hostile bid for the Australian miner WMC Resources in what analysts predicted could turn into an international bidding war as the global hunt for inexpensive resources to supply China intensifies.
inputs: Xstrata sets hostile bid for WMC Xstrata on Monday launched a hostile bid for the Australian miner WMC Resources in what analysts predicted could turn into an international bidding war as the global hunt for inexpensive resources to supply China intensifies.