Vale is expected to purchase Xstrata PLC in this week

Information said that Brazil Vale may takeover Xstrata PLC in this week; they may pay half of the purchase fund, the left half will paid by stock. “Sunday Times” said Vale has received $50b dollars fund support from United Financial Co., which leading by HSBC Holding and include Santander, BNP Paribas, Lehman Brothers, Credit Suisse and Citibank. Xstrata and Vale gave no comments on this.