_anglo-american-to-spin-off-de-beers-diamond-business-in-major-restructuring-move-as-it-faces-takeover-pressure-from-bhp.jpg "Anglo American to Spin Off De Beers Diamond Business in Major Restructuring Move as It Faces Takeover Pressure from BHP Group from hotel interior group Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 185K times
✓ Published: 15-May-2024
👁 View: 185K times
✓ Published: 15-May-2024
Description:
Anglo American plans to spin off its De Beers diamond business as part of a wider restructuring amid pressure from BHP Group's takeover advances. The mining company will also divest its steelmaking coal, nickel, and platinum divisions following a strategic review. The accelerated overhaul is seen as a defense tactic against a hostile bid from BHP after rejecting its latest $42 billion takeover offer. Selling off non-core assets could attract interest from other potential buyers for parts of the business. Shares of Anglo American fell over 3% in early Tuesday trading.
Anglo American plans to spin off its De Beers diamond business as part of a wider restructuring amid pressure from BHP Group's takeover advances. The mining company will also divest its steelmaking coal, nickel, and platinum divisions following a strategic review. The accelerated overhaul is seen as a defense tactic against a hostile bid from BHP after rejecting its latest $42 billion takeover offer. Selling off non-core assets could attract interest from other potential buyers for parts of the business. Shares of Anglo American fell over 3% in early Tuesday trading.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_architecture-and-interior-design-of-hospitality-w-ktgy.webp "HospitalityMD")
_rich-list-2024-king-charles-and-sunak-see-their-wealth-rise.webp "The personal fortunes of the prime minister and the King have risen in the last 12 months, according to the Sunday Times Rich List 2024. Rishi Sunak and wife Akshata Murty’s wealth surged from £529m last year to £651m this year. Meanwhile, King Charles’ wealth also grew, rising from £600m last year to £610m this year. This year’s list was again topped by Gopi Hinduja and his family, who control the Hinduja Group, and saw their wealth rise from £35bn to £37.2bn. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn")
_luxury-interior-design-124-luxury-hotel-124-hospitality-124-the-bnk-group-124-vivanta-hotels.webp "The BNK Group")
⏲ 40 seconds 👁 58
_how-do-hotels-design-the-ideal-room.webp "The Wall Street Journal")
_steam-hotel-interior-design-and-architecture.webp "ESS Group")
_beautiful-hotel-interior-design.webp "Interact Group International")
_pangilinan-group-restores-cagayan-de-oro-water-supply-as-marcos-steps-in.webp "The Pangilinan group restores water supply in Cagayan de Oro after President Ferdinand Marcos Jr. stepped in.<br/><br/>Full story: https://www.rappler.com/nation/mindanao/manny-pangilinan-group-restores-cagayan-de-oro-water-supply-marcos-steps-in/")
_hotelier-trending-hotel-interior-design.webp "Hotelier Middle East")
_architecture-and-interior-design-of-hospitality-w-ktgy.jpg)
_rich-list-2024-king-charles-and-sunak-see-their-wealth-rise.jpg)
_luxury-interior-design-124-luxury-hotel-124-hospitality-124-the-bnk-group-124-vivanta-hotels.jpg)
_how-do-hotels-design-the-ideal-room.jpg)
_steam-hotel-interior-design-and-architecture.jpg)
_beautiful-hotel-interior-design.jpg)
_pangilinan-group-restores-cagayan-de-oro-water-supply-as-marcos-steps-in.jpg)
_hotelier-trending-hotel-interior-design.jpg)
![[+]](/images/menu.gif){kind=small}