_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 lick 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
_video-shows-police-officer-repeatedly-hitting-black-man-in-face-in-doncaster-arrest.webp "A police probe is under way after footage showed a police officer appearing to repeatedly hit a man in the face during an incident in Doncaster.")
_auditions-for-john-krasinski39s-if-with-some-familiar-faces.webp "Enjoy a delightful array of auditions for John Krasinski's whimsical fantasy comedy film IF, featuring beloved characters like SpongeBob, the Teenage Mutant Ninja Turtles, Paw Patrol, and even the iconic Optimus Prime!<br/><br/>IF Cast:<br/><br/>Ryan Reynolds, John Krasinski, Cailey Fleming, Steve Carell, Louis Gossett Jr., Phoebe Waller-Bridge, Bobby Moynihan, Alan Kim, Matt Damon, Emily Blunt, Maya Rudolph, Vince Vaughn, Sam Rockwell, Sebastian Maniscalco, Christopher Meloni, Awkwafina, Jon Stewart and Richard Jenkins<br/><br/>IF will hit theaters May 17, 2024!")
_rat-kicks-snake-in-the-face.webp "Rat Kicks Snake in the Face from lick face")
_cat-snuggles-with-each-other-while-sleeping-together.webp "A person watching their cats snuggling together with one another on a cushion. While one was in deep sleep, the other cat licked their fellow's ear and hugged them tightly.")
_edmonton-faces-critical-game-to-shift-momentum-124-nhl-592-14.webp "Edmonton Faces Critical Game To Shift Momentum | NHL 5\ 14 from lick face")
_coinbase-faces-major-outage-as-users-locked-out-as-cryptocurrency-exchange-goes-offline.webp "The popular cryptocurrency exchange Coinbase suffered a system-wide outage early Tuesday morning. Users could not access Coinbase and received a \")
⏲ 0:34 👁 225K
_panama-canal-faces-water-crisis-amid-drought-and-growing-demand.webp "Panama Canal operations disrupted due to severe drought, forcing reduced ship traffic.")
_anglo-american-to-spin-off-de-beers-diamond-business-in-major-restructuring-move-as-it-faces-takeover-pressure-from-bhp.webp "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.")
_video-shows-police-officer-repeatedly-hitting-black-man-in-face-in-doncaster-arrest.jpg)
_auditions-for-john-krasinski39s-if-with-some-familiar-faces.jpg)
_rat-kicks-snake-in-the-face.jpg)
_cat-snuggles-with-each-other-while-sleeping-together.jpg)
_edmonton-faces-critical-game-to-shift-momentum-124-nhl-592-14.jpg)
_coinbase-faces-major-outage-as-users-locked-out-as-cryptocurrency-exchange-goes-offline.jpg)
_panama-canal-faces-water-crisis-amid-drought-and-growing-demand.jpg)
![[+]](/images/menu.gif){kind=small}