Anglo American Could Be Good Fit for Glencore, Rio Tinto -- Market Talk

Dow Jones04-30

0923 GMT - Anglo American could also be good fit for Glencore and Rio Tinto from a strategic perspective, Jefferies says, after Anglo American recently refused a $39 billion bid by Australian peer BHP. While the analysts expect BHP to return with another bid, other miners, Chinese buyers or sovereign wealth funds aren't likely to get involved with the London-based miner in its current form, Jefferies analysts write in a research note. However, that could change if the diversified miner is willing to separate or sell less attractive units, such as diamond business De Beers, nickel, manganese and platinum unit Amplats, they say. Shares in Anglo American are down 1.6% at 2,706.50 pence. (christian.moess@wsj.com)

(END) Dow Jones Newswires

April 30, 2024 05:23 ET (09:23 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2431394552?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-30 17:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2431394552","market":"sh","top_or_hot":-1,"title":"Anglo American Could Be Good Fit for Glencore, Rio Tinto -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0923 GMT - Anglo American could also be good fit for Glencore and Rio Tinto from a strategic perspective, Jefferies says, after Anglo American recently refused a $39 billion bid by Australian peer BHP. While the analysts expect BHP to return with another bid, other miners, Chinese buyers or sovereign wealth funds aren't likely to get involved with the London-based miner in its current form, Jefferies analysts write in a research note. However, that could change if the diversified miner is willing to separate or sell less attractive units, such as diamond business De Beers, nickel, manganese and platinum unit Amplats, they say. Shares in Anglo American are down 1.6% at 2,706.50 pence. (christian.moess@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 30, 2024 05:23 ET (09:23 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Anglo American Could Be Good Fit for Glencore, Rio Tinto -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAnglo American Could Be Good Fit for Glencore, Rio Tinto -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-30 17:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0923 GMT - Anglo American could also be good fit for Glencore and Rio Tinto from a strategic perspective, Jefferies says, after Anglo American recently refused a $39 billion bid by Australian peer BHP...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BHP","symbol_name":"必和必拓公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2431394552","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2431394552","pubTimestamp":1714468980,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0923 GMT - Anglo American could also be good fit for Glencore and Rio Tinto from a strategic perspective, Jefferies says, after Anglo American recently refused a $39 billion bid by Australian peer BHP. While the analysts expect BHP to return with another bid, other miners, Chinese buyers or sovereign wealth funds aren't likely to get involved with the London-based miner in its current form, Jefferies analysts write in a research note. However, that could change if the diversified miner is willing to separate or sell less attractive units, such as diamond business De Beers, nickel, manganese and platinum unit Amplats, they say. Shares in Anglo American are down 1.6% at 2,706.50 pence. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BHP":"必和必拓公司","RIO.AU":"力拓","BK4117":"多元化保险","BK4585":"ETF&股票定投概念","AFG":"美国金融集团有限公司","BK4107":"财产与意外伤害保险","BHP.AU":"BHP GROUP LTD","BK4588":"碎股","BK4168":"多种金属与采矿","NGLOY":"Anglo American plc","BK7511":"ESG概念","BK7095":"多种金属与采矿","BK7507":"资源股"},"translate_title":"英美资源集团可能很适合嘉能可和力拓——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AFG":1,"RIO.AU":1,"BHP":0.9,"BHP.AU":0.9,"NGLOY":0.9},"content_text":"0923 GMT - Anglo American could also be good fit for Glencore and Rio Tinto from a strategic perspective, Jefferies says, after Anglo American recently refused a $39 billion bid by Australian peer BHP. While the analysts expect BHP to return with another bid, other miners, Chinese buyers or sovereign wealth funds aren't likely to get involved with the London-based miner in its current form, Jefferies analysts write in a research note. However, that could change if the diversified miner is willing to separate or sell less attractive units, such as diamond business De Beers, nickel, manganese and platinum unit Amplats, they say. Shares in Anglo American are down 1.6% at 2,706.50 pence. (christian.moess@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 30, 2024 05:23 ET (09:23 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2431394552"}