THE outgoing boss of Xstrata handed out a "transaction bonus" two weeks after shareholders blocked a controversial $US200 million ($212m) incentive designed to retain management after its multi-billion-pound merger with Glencore. Mick Davis, the Xstrata chief executive who was originally in line to run the combined business, wrote to Xstrata's company secretary, thanking him for his hard work and awarding him a pound stg.