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French groups to sell $452m UK assets to MittalCement maker Lafarge and miner Anglo American have agreed to sell British assets for up to £285 million ($452 million) to Indian steel tycoon Lakshmi Mittal, thus clearing the way for a building materials joint venture in the country. More… |
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Anglo American to buy $5.1bn De Beers stakeGlobal miner Anglo American is set to take control of diamond giant De Beers, buying out South Africa's Oppenheimer family in a $5.1 billion deal that ends the dynasty's direct links to the diamond business after almost a century. More… |
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Xstrata seeks $68bn merger with AngloXstrata wants talks with mining rival Anglo American about a proposed merger of equals worth about $68 billion, seeking increased scale and cost synergies, Xstrata said on Sunday. Anglo is likely to resist the attempt by Xstrata to forge a More… |
