Xstrata pushes Anglo | City & Business | Finance | Express.co.uk
Xstrata pushes Anglo | City & Business | Finance | Express.co.uk"
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
Analysts said that in a letter to the Anglo board last week, Xstrata chief executive Mick Davis hoped to persuade shareholders to push it into merger talks in the face of a strongly worded
rejection. However, one of Anglo’s biggest shareholders, Aviva Investors, said it supported fully the firm’s rejection of Xstrata’s proposal and saw little financial or strategic merit for
the deal. It was also happy to support the current management team led by chief executive Cynthia Carroll. Anglo shares soared 168p to 1820p on hopes a rival to Xstrata will emerge or that
the miner will pay a big premium to take control. Other Anglo investors are believed to be keen for Carroll to open talks with Davis. In a note to his letter, Davis promised the tie- up
would not lead to thousands of job cuts in South Africa. On Tuesday, South African mining minister Susan Shabanga said the deal was “unacceptable”.
Trending News
Doj warns consumers of covid-19 vaccine survey scamCriminals reportedly have begun asking people to complete a survey about a COVID-19 vaccine in exchange for cash, an iPa...
Pruning: a class I act | Nature Reviews NeuroscienceAccess through your institution Buy or subscribe The authors used mice lacking the MHC class I molecules H2-Kb and H2-Db...
Watch liverpool parade - live stream, tv channel, timeHundreds of thousands will line the route of Liverpool’s Premier League trophy parade - but you don’t have to be in the ...
Channelnews : huawei mate xs available for pre-order in ozFrom the 14th of March Australians will be able to pre-order Huawei’s latest foldable smartphone, the Mate Xs. The model...
Oculofaciocardiodental syndrome caused by a novel bcor variantABSTRACT Oculofaciocardiodental syndrome is caused by variants in the BCL6 corepressor (BCOR) gene. We identified a nove...
Latests News
Xstrata pushes Anglo | City & Business | Finance | Express.co.ukAnalysts said that in a letter to the Anglo board last week, Xstrata chief executive Mick Davis hoped to persuade shareh...
Woman channels breakup trauma with book of ‘f–k you haikus’EXPLORE MORE When Kristina Grish found herself suddenly going through a divorce in 2019 after having been married for 12...
J&k ranked 1st in union ministry’s cdps for geo taggingSrinagar, July 17: Jammu and Kashmir stand number one in Geo Tagging of Cluster Development Projects (CDPs) in the count...
The page you were looking for doesn't exist.You may have mistyped the address or the page may have moved.By proceeding, you agree to our Terms & Conditions and our ...
Wwe retains restructuring specialist kirkland & ellis as adviser for strategic reviewWWE retains restructuring specialist Kirkland & Ellis as adviser for strategic review | WTVB | 1590 AM · 95.5 FM | T...