_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 my face 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
_mneskin-off-my-face-lyrics.webp "The Other Side")
_biga-ranx-my-face-hq.webp "Jolcko")
_reds-diamondbacks-face-off-in-arizona-on-wednesday-night.webp "Reds, Diamondbacks Face off in Arizona on Wednesday Night from my face")
_billy-idol-eyes-without-a-face.webp "Billy Idol")
_masked-defendants-face-steep-cost-of-damage-for-allegedly-felling-famous-150-year-old-sycamore-gap-tree.webp "Two men accused of cutting down the majestic Sycamore Gap tree concealed their faces from cameras as they arrived at court Wednesday but inside the courtroom they couldn't hide from the cost of the damage they allegedly caused.")
⏲ 1:15 👁 365K
_hurricanes-face-tough-battle-with-rangers-124-nhl-preview.webp "Hurricanes Face Tough Battle With Rangers | NHL Preview from my face")
_cute-horses-enjoy-messing-with-each-other.webp "This hilarious video is proof that mischief is a misdemeanor not restricted to humans. <br/><br/>The clip features a horse messing with its pal by slamming its stall door on its face, snatching its liberty to enjoy fresh air in peace. <br/><br/>\")
_rat-kicks-snake-in-the-face.webp "Rat Kicks Snake in the Face from my face")
_mneskin-off-my-face-lyrics.jpg)
_biga-ranx-my-face-hq.jpg)
_reds-diamondbacks-face-off-in-arizona-on-wednesday-night.jpg)
_billy-idol-eyes-without-a-face.jpg)
_masked-defendants-face-steep-cost-of-damage-for-allegedly-felling-famous-150-year-old-sycamore-gap-tree.jpg)
_hurricanes-face-tough-battle-with-rangers-124-nhl-preview.jpg)
_cute-horses-enjoy-messing-with-each-other.jpg)
_rat-kicks-snake-in-the-face.jpg)
![[+]](/images/menu.gif){kind=small}