Call it Rio Redux. Anglo American, the diversified mining group being stalked by its Swiss-based rival Xstrata, seems to be taking a leaf out of the blood-spattered Rio Tinto defence playbook. Having rebuffed Xstrata's proposed nil-premium merger last week, Anglo is now seeking to demonstrate the standalone value of its assets and boost confidence in a bedraggled management team lacking a chairman. Step one is an auction of a minority stake in MMX Minas-Rio, the Brazilian iron ore producer for which it overpaid only last year and lacks the cash to develop.
我們不妨稱之為力拓(Rio Tinto)歸來。多元化礦業公司英美資源集團(Anglo American)面對競爭對手瑞士斯特拉塔(Xstrata)的步步逼近，似乎正在模仿鮮血四濺的力拓防守場景。繼上周回絕了斯特拉塔提出的零溢價收購之后，英美資源集團現在正試圖證明其資產的卓越價值，并提升人們對于這個董事長缺位的殘缺管理團隊的信心。第一步就是拍賣所持MMX Minas-Rio的少數股權。英美資源去年高價買下了這家巴西鐵礦石生產商的股份，此后一直缺乏現金來拓展這家公司。