Skip to main content

noComment
Xstrata woos Anglo American

Xstrata woos Anglo American

22/06/09 19:34 CET

economy

| |

Shares in Anglo American have jumped after rival Xstrata asked for talks about a tie up.

Xstrata said it would be a merger of equals to make them both more competitive as more mining companies consolidate. Xstrata’s shares fell. Bringing the two firms together would create a group worth 50 billion euros. Analysts said the move could lead to other potential suitors emerging.More about: ,

Copyright © 2012 euronews

| |

Login

Please enter your login details

Join the euronews community

By joining euronews’ community , you can participate to U talk and I talk and subscribe to our newsletters.
Please note: All fields are required