|
|
Article: Audacious shopping spree from Davis.
- Article from:
- Australasian Business Intelligence
- Article date:
- June 22, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Ingrid Mansell
Jun 22, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Xstrata's EUR41bn merger proposal for Anglo American is the latest offer extended in the Swiss group's eight-year "shopping spree". However, if the deal succeeds, Xstrata will earn the description of being one of the world's mining "super-majors". In addition, a long-standing goal of Xstrata head Mick Davis will be realised. It is thought that Xstrata will propose that, if the merger succeeds, Davis should be put in control of the combined entity.
Publication Date: 23 June 2009
ANGLO AMERICAN PLC
XSTRATA AG
FALCONBRIDGE LIMITED
XSTRATA QUEENSLAND ...