_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 gin move 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: 115K times
✓ Published: 15-May-2024
👁 View: 115K 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
_israel-moves-deeper-into-rafah-and-fights-hamas-militants-regrouping-in-northern-gaza.webp "Israel moves deeper into Rafah and fights Hamas militants regrouping in northern Gaza<br/><br/>The exodus of Palestinians from Gaza’s last refuge accelerated Sunday as Israeli forces pushed deeper into the southern city of Rafah. Israel also pounded the territory’s devastated north, where some Hamas militants have regrouped in areas the military said it had cleared months ago.<br/><br/>Rafah is considered Hamas' last stronghold. Some 300,000 of the more than 1 million civilians sheltering there have fled the city following evacuation orders from Israel, which says it must invade to dismantle Hamas and return scores of hostages taken from Israel in the Oct. 7 attack that sparked the war. <br/><br/>Photos by AP<br/><br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br/>Visit our website at https://www.manilatimes.net <br/> <br/>Follow us: <br/>Facebook - https://tmt.ph/facebook <br/>Instagram - https://tmt.ph/instagram <br/>Twitter - https://tmt.ph/twitter <br/>DailyMotion - https://tmt.ph/dailymotion <br/> <br/>Subscribe to our Digital Edition - https://tmt.ph/digital <br/> <br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify <br/>Apple Podcasts - https://tmt.ph/applepodcasts <br/>Amazon Music - https://tmt.ph/amazonmusic <br/>Deezer: https://tmt.ph/deezer <br/>Tune In: https://tmt.ph/tunein<br/> <br/>#themanilatimes<br/>#worldnews <br/>#gaza<br/>#israel")
_how-an-nba-star-who-only-used-one-hand-outscored-everyone.webp "Out Of Bounds")
_how-to-move-your-mustard.webp "How To Move Your Mustard from gin move")
_putin39s-new-move-rocks-russia-president-orders-arrest-of-own-defence-official-amid-war.webp "Amid a cabinet reshuffle by President Putin, a senior Defense Ministry official, Lt. Gen. Yury Kuznetsov, was arrested on bribery charges, highlighting a crackdown on corruption within Russia's military. Kuznetsov faces severe charges, with authorities uncovering a significant sum of cash and luxury items. Putin's replacement of Sergei Shoigu as defence minister and the nomination of Andrei Belousov signal potential further purges within the ministry. Shoigu's deputy's recent arrest has raised speculation about Shoigu's future, amidst scrutiny over Russia's military strategy in Ukraine, where Ukrainian resistance has proven formidable, causing setbacks for Russian forces. The implications of these internal power shifts remain uncertain as Russia navigates the ongoing conflict. <br/> <br/> <br/>#Putin #Russia #DefenseOfficial #Arrest #War #SergeiShoigu #Military #Crisis #Security #PutinMoves #ArrestOrder #DefenseMinistry #ShoiguSacked #PutinAction #RussianPolitics<br/>~HT.178~GR.121~PR.152~ED.103~")
⏲ 3:15 👁 130K
_tyler-reddick-i-made-a-really-aggressive-move-in-battle-with-chris-buescher.webp "Tyler Reddick provides his insight and reaction to his late battle with Chris Buescher that took both drivers out of contention to win at Darlington.")
_move-to-heaven-episode-9-in-hindi-dubbed-kdrama.webp "Move to Heaven Episode 9 in Hindi Dubbed #kdrama")
_smokers-banned-from-using-ashtray-after-nesting-blue-tits-move-in.webp "Smokers have been banned from using a village hall ashtray bin after it was taken over - by a family of nesting blue tits.<br/><br/>The chicks hatched in the wall-mounted cigarette bin outside Astley and Dunley village hall, in Stourport-on-Severn, Worcs.<br/><br/>Village hall co-ordinator Hazel Spicer discovered the birds when she spotted a pile of cigarette butts under the bin.<br/><br/>She said: “I was opening up the village hall for a group activity when I looked over at the ashtray.<br/><br/>“There was a very neat pile of cigarette butts piled up under it which I thought was strange.<br/><br/>“I wondered over and heard a ‘cheep cheep’ sound and realised it was now home to some little birds.<br/><br/>“The adults must have gone in and thrown out the butts one by one and then set up home. <br/><br/>“I didn’t want anyone putting their cigarettes in the ashtray so we made a sign asking people to respect the birds. <br/><br/>“It’s not the most ideal place for them to build a nest but it suits them pretty well.<br/><br/>“We had blue tits use the bin a few years ago so I’m guessing they must be from the same family who come back each year.”<br/><br/>A notice has now been attached to the bin, asking smokers to put out their ciggies elsewhere. <br/><br/>The sign reads: “Could you please use buckets provided for cigarettes. Birds are nesting in cigarette boxes on wall, thanks.”")
_did-texans-really-make-some-of-the-best-and-worst-moves-this-nfl-offseason.webp "Seth Payne and Sean Pendergast dive into CBS Sports' column on the best and worst moves of the NFL offseason and assess if they're correct about putting the Texans on both ends of the spectrum.")
_israel-moves-deeper-into-rafah-and-fights-hamas-militants-regrouping-in-northern-gaza.jpg)
_how-an-nba-star-who-only-used-one-hand-outscored-everyone.jpg)
_how-to-move-your-mustard.jpg)
_putin39s-new-move-rocks-russia-president-orders-arrest-of-own-defence-official-amid-war.jpg)
_tyler-reddick-i-made-a-really-aggressive-move-in-battle-with-chris-buescher.jpg)
_move-to-heaven-episode-9-in-hindi-dubbed-kdrama.jpg)
_smokers-banned-from-using-ashtray-after-nesting-blue-tits-move-in.jpg)
_did-texans-really-make-some-of-the-best-and-worst-moves-this-nfl-offseason.jpg)
![[+]](/images/menu.gif){kind=small}