Glencore could acquire Anglo American's stake in Cerrejón
Glencore podría comprar participación de Anglo American en Cerrejón
Intel ID : 234383
Synopsis |
Glencore (LON:GLEN), a Switzerland-based mining company, could acquire the 33.3% stake held by Anglo American (LSE:AAL) in Colombia-based mining company Cerrejón, where it already owns another third, reported Bloomberg on 1 March, 2016, citing Glencore CEO, Ivan Glasenberg. Should Anglo American carry out the sale of its stake, both Glencore and Australia-based BHP Billiton (ASX:BHP), which holds the remaining 33.3% in Cerrejón, have a right to acquire the UK-based company's percentage, noted Glasenberg. The executive added Glencore would prefer to acquire the stake jointly with BHP. Lastly, Glasenberg explained that Glencore analyzes all merger and acquisition opportunities that may arise, as long as the transactions do not affect the company's balance. He added Cerrejón is an opportunity it won't overlook if it gets the right price. Cerrejón, based in Bogota, is a coal mining company.
(content in spanish)
Glencore (LON:GLEN), minera suiza, podría comprar la participación de 33,3% de la minera británica Anglo American (LSE:AAL) en la colombiana Cerrejón, donde ya es dueña de otro tercio, según ha informado la agencia Bloomberg el 1 de marzo de 2016, citando al CEO de Glencore, Ivan Glasenberg. Si Anglo American realiza la venta de su participación, tanto Glencore como la australiana BHP Billiton (ASX:BHP), que es dueña del 33.3% restante de Cerrejón, tienen derecho a adquirir el porcentaje de la británica, ha señalado Glasenberg. El ejecutivo ha añadido que Glencore preferiría adquirir la participación conjuntamente con BHP. Por último, Glasenberg ha explicado que Glencore analiza todas las oportunidades de adquisición y fusión que se le presentan, siempre y cuando las transacciones no afecten el balance de la empresa. Ha agregado que Cerrejón es una oportunidad que no dejará pasar si consigue el precio adecuado. Cerrejón, con sede en Bogotá, es una minera de carbón. |
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Primary Sector (TTRSC) |
55.05.04 Iron & Steel Mining & Refining 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources |
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Secondary Sectors (TTRSC) |
20.02.01 Coal & Lignite Production 20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels 55.05.08 Specialty Metals & Minerals 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources |
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20.02.01 Coal & Lignite Production 20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels |
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Primary Sector (TTRSC) |
55.05.06 Precious Metals & Minerals 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources |
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Secondary Sectors (TTRSC) |
55.05.01 Aluminum Mining & Refining 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources 55.05.02 Copper & Cobalt Mining & Refining 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources |
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Primary Sector (TTRSC) |
55.05.02 Copper & Cobalt Mining & Refining 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources |
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Secondary Sectors (TTRSC) |
55.05.04 Iron & Steel Mining & Refining 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources 55.05.08 Specialty Metals & Minerals 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.