A person close to the situation said: "Either Glencore bumps the terms of the deal or it is dead." Qatar Holding did not comment. A source close to Glencore said that there was "no chance they will bump. This is just how Glencore do their deals, they play the long game". Another source added: "They are relaxed about it." Glencore did not comment. The two sides have been negotiating over the terms for two months with little sign of either side blinking yet. However talks are expected to resume soon. Glencore has already made one change to its original offer where 73 top executives, including Xstrata boss Mick Davis, would have been given £173million in cash simply for staying on after the merger. This retention package was revised so that the bonus would be paid only in shares if extra cost savings were made in the group's first two years of operation.