_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 medb765fw0 parts 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: 210K times
✓ Published: 15-May-2024
👁 View: 210K 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
_severe-flooding-wreaks-havoc-across-northern-europe.webp "Severe flooding caused by heavy rainfall has inundated Voeren and Liège in Belgium, as well as parts of France and Germany.")
_how-to-actually-get-into-a-maytag-bravos-xl-dryer-yes-this-is-actually-how-to-do-it.webp "Jim Blizzard")
⏲ 1 minute 1 second 👁 15.6K
_maytag-model-medb765fw0-serial-m90306490.webp "Joshua A.E.W. Allen")
_maytag-dryer-how-to-take-it-apart-in-minutes.webp "theapplianceman")
_maytag-centennial-dryer-disassembly-made-easy-amp-heating-element-replacement.webp "Online Appliance Tech")
⏲ 18 minutes 13 seconds 👁 8.1K
_watch-thunderstorms-slam-texas-houston-hundreds-of-thousands-still-without-power.webp "A devastating storm with hurricane-force winds wreaked havoc in Houston on Thursday, claiming the lives of at least four individuals. The powerful winds shattered windows in high-rise buildings, leaving parts of downtown Houston and its commercial district strewn with debris. Mayor John Whitmire, speaking in an interview with local television station KRIV, described the aftermath as chaotic, with fallen power lines and shattered glass lining the streets. The storm's impact was compounded by widespread power outages, leaving thousands of homes in darkness. Additionally, the US National Weather Service issued a flood watch for the Houston area due to heavy rains accompanying the storm, further adding to the city's challenges. <br/> <br/>#Thunderstorms #TexasWeather #HoustonStorm #PowerOutage #SevereWeather #EmergencyResponse #TexasStrong #WeatherAlert #StormDamage #HoustonStrong #NaturalDisaster #ClimateCrisis #SafetyFirst #EmergencyPreparedness #ExtremeWeather<br/>~PR.152~ED.101~")
_how-to-take-apart-a-maytag-and-maytag-performa-dryer.webp "Ken's Appliance Repair")
_severe-flooding-wreaks-havoc-across-northern-europe.jpg)
_how-to-actually-get-into-a-maytag-bravos-xl-dryer-yes-this-is-actually-how-to-do-it.jpg)
_maytag-model-medb765fw0-serial-m90306490.jpg)
_maytag-dryer-how-to-take-it-apart-in-minutes.jpg)
_maytag-centennial-dryer-disassembly-made-easy-amp-heating-element-replacement.jpg)
_watch-thunderstorms-slam-texas-houston-hundreds-of-thousands-still-without-power.jpg)
_how-to-take-apart-a-maytag-and-maytag-performa-dryer.jpg)
![[+]](/images/menu.gif){kind=small}