This content is not available in your region

Xstrata woos Anglo American

Xstrata woos Anglo American
Text size Aa Aa

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.
Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.