Anglo American's Strategic Overhaul: From Asset Sales to Copper-Focused Future
Key Points
- Anglo American wisely rejected BHP's buyout offer and is now...
Remember when Anglo American turned down BHP's buyout offer faster than a trader rejecting a penny stock tip? Well, grab your favorite morning brew because that decision is starting to look pretty clever.
Slimming Down Like It's Mining Boot Camp
Anglo American has been hitting the corporate gym hard, shedding assets like they're going out of style. The company ditched its nickel, steelmaking coal, and PGM businesses - the latter becoming 'Valterra Platinum' in a demerger that felt like an amicable celebrity divorce where they still get to keep some of the jewelry. Even De Beers is on the ch...
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