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.
我们不妨称之为力拓(Rio Tinto)归来。多元化矿业公司英美资源集团(Anglo American)面对竞争对手瑞士斯特拉塔(Xstrata)的步步逼近，似乎正在模仿鲜血四溅的力拓防守场景。继上周回绝了斯特拉塔提出的零溢价收购之后，英美资源集团现在正试图证明其资产的卓越价值，并提升人们对于这个董事长缺位的残缺管理团队的信心。第一步就是拍卖所持MMX Minas-Rio的少数股权。英美资源去年高价买下了这家巴西铁矿石生产商的股份，此后一直缺乏现金来拓展这家公司。