首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Diamonds, sparkling under an African sun, have an attraction commensurate(相称的)with their high price and beauty. For Anglo-Americ
Diamonds, sparkling under an African sun, have an attraction commensurate(相称的)with their high price and beauty. For Anglo-Americ
admin
2017-01-15
80
问题
Diamonds, sparkling under an African sun, have an attraction commensurate(相称的)with their high price and beauty. For Anglo-American the opportunity to get their hands on some more has proved too much to resist. On November 4th the global mining giant announced that it would acquire the 40% of De Beers, a company that mines two-fifths of the world’s diamonds, from the Oppenheimer family for $5.1 billion. This takes Anglo-American’s stake in De Beers to 85% ; the rest is owned by the government of Botswana, where the firm digs up its gems.
The price looks right. Demand for diamonds has bounced back after the credit crisis in 2008 and the following recession in the rich world. More and more wealthy Indians and Brazilians seem keen to sport a "rock" to show just how well they are doing. And the shrewd Oppenheimers do not seem to be getting out of the business because its future looks bleak, "here is apparently no family member who wants to take on diamond mining. Nicky Oppenheimer, De Beers’s chairman, foresaw the sale in February when he stood down from the board of Anglo-American.
For Anglo-American it resolves the issue of its non-controlling stake in De Beers. Analysts have long reckoned it should either sell or try to increase its stake. In fact the firm might yet spin off De Beers with an IPO. The terms of the deal allow the Oppenheimers to pocket some more cash from a flotation(债券发行)or sale in the next couple of years, suggesting that such an outcome is not unlikely.
It would also make sense. Anglo-American is a different beast to the global diversified mining giants that would count as its competitors. It stood apart from the wave of mining mega-mergers over the past decade or so—except as a potential target. The consolidation and the emergence of huge markets for the world’s resources have propelled BHP Billiton, for instance, to become one of the world’s biggest listed companies.
Many would claim that Anglo-American has suffered as a result. Once one of the world’s biggest miners, it now ranks alongside Xstrata, a company just ten years old, which in 2009 even attempted a nil-premium takeover of Anglo. It also has a significant portion of its assets in South Africa. And unlike its peers it has a large platinum business, as well as all the diamonds.
Anglo-American’s recent strategy has been to diversify out of South Africa, where the threat of nationalization, scarcely credible but a fear for investors none the less, hangs over it. Black-empowerment laws, a scarcity of water and electricity as well as an obstinate workforce make it a difficult place to operate. Botswana is far more accommodating, but it might also make sense to get out of diamonds: it is a business that is more about branding the rocks and less about the savvy(懂行的)capital deployment and logistical(物流的)know-how that are the hallmarks of the mining business. If that is Anglo’s eventual aim, then the deal looks like a smart move.
According to Paragraph 1, we can know that Anglo-American______.
选项
A、would acquire a 40% holding of De Beers
B、mines two-thirds of the world’s diamonds
C、will earn $5.1 billion from Oppenheimer family
D、digs up most of its gems in South America
答案
A
解析
细节题。根据第一段第三句可知,11月4日,这家全球矿业巨头宣布将以51亿美元的价格从奥本海默家族手里收购戴比尔斯公司40%的股份,该公司开采的钻石占全球钻石开采量的五分之二,[A]陈述正确,故为正确答案,同时排除[B]和[C]。根据本段最后一句可知,这令英美资源集团在戴比尔斯公司的持有股份增加至85%;剩余的股份由博茨瓦纳政府持有,戴比尔斯公司正是在该国开采钻石,[D]陈述错误,故排除。
转载请注明原文地址:https://kaotiyun.com/show/TyJK777K
0
专业英语四级
相关试题推荐
Economy,oneoftheprinciplesofsuccessinthedetailsofhousekeeping,consistsnotalone【C1】______makingadvantageoususe
Theclubwill______newmembersthefirstweekinSeptember.
Aestheticthoughtofadistinctivelymodernartemergedduringthe18thcentury.Thewesternphilosophersandcriticsofthisti
Theclauseinthesentence"Itisstillunknownwhethershewillcomeornot"is
Manycountrieshadmade______agreementsforhealthcarewithChina.
Inrecentyears,moreandmoreuniversitystudentsplungeintothetideofacquiringanycertificateavailable:acertificatein
Theyoungwomanwasplayinghardtogetbutactuallyshewantedtogoonadatewiththeyoungman.Theunderlinedpartmeans__
Wehavespentalot______amountofmoneyontheprojectalready.
Wemetalarge______ofwhalesonourvoyagetoAustralia.
Whatisthepassagemainlyabout?
随机试题
病原微生物包括
下列哪项不属于HIV感染的病原检测方法
蔬菜水果含有较丰富的下列维生素和无机盐,除了
对一氧化碳中毒有确诊价值的是( )。【2003年考试真题】
某工程的施工合同工期为16周,项目监理机构批准的施工进度计划如下图所示(时间单位:周)。各工作均按匀速施工。施工单位的报价单(部分)见下表。工程施工到第4周时进行进度检查,发生如下事件:事件1:A工作已经完成,但由于设计图纸局部修改,实际完成的工程量
(2008年考试真题)投资者可将基金份额在上海证券交易所场内不同会员营业部之间进行转指定,也可在上海证券交易所场内系统和场外系统之间进行跨市场转托管。()
丙公司2×21年1月1日从集团外部取得丁公司70%股份,能够对丁公司实施控制。2×21年1月1日,丁公司除一项无形资产外,其他资产公允价值与账面价值相等,该无形资产账面价值为300万元,公允价值为800万元。接10年采用直线法摊销,无残值。2×21年6月3
IS—LM曲线的交点表示产品市场和货币市场都达到了均衡,那么交点上方的区域表示的状态是()。
下列各种情况中,使总收益增加的是()。
()是文艺复兴时期威尼斯画派的创始人。
最新回复
(
0
)