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
2013-09-23
21
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. There 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 hoard 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 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“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”可知,[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“这使得英美资源集团在戴比尔斯的股份上升至85%,其余股份则归博茨瓦纳政府拥有,戴比尔斯公司正是在该国开采钻石”可知,[D]陈述错误,故排除。
转载请注明原文地址:https://kaotiyun.com/show/iJLK777K
0
专业英语四级
相关试题推荐
Idon’tknow______Mr.Greenwillcometoseeus.He’llhelpuswithourEnglish.
Accordingtothenews,Japaneseteenagewomen______.
Whatarethepossiblerelationshipbetweenthemanandthewoman?
IhavecomeheretomeetHiroshiMikitani,47-year-oldleaderofapackofrebelentrepreneursthathasshakenupbusinesspract
TheMastersofBusinessAdministration(MBA),thebestknownbusinessschoollabel,isanintroductiontogeneralmanagement.Th
Canyoufindsome______explanationforhisillnesssinceheseemstohavenoobviousdisease?
VirginiaDeprivestheRighttoVoteofFormerFelonsFouryearshavepassedsinceJenniferMcDanielwasreleasedfromaVirg
AcassettedeckplaysanaudiotapefromthewomanwhodiedTuesdayandsheisasked,"Howdoyoufeelaboutdying?""I’mlookin
AcassettedeckplaysanaudiotapefromthewomanwhodiedTuesdayandsheisasked,"Howdoyoufeelaboutdying?""I’mlookin
Thetreatmentwillcontinueuntilthepatientreachesthepoint______hecanwalkcorrectlyandsafely.
随机试题
天馈线有哪些测量项目?各有什么作用?
下列有关肝豆状核变性疾病的说法哪项是错误的
青蒿的性状特征有( )。
《招标投标法》第12条规定:“依法必须进行招标的项目,招标人自行办理招标事宜的,应当向有关行政监督部门_________。”()
人工定额中的时间定额不包括()。
某同定资产使用年限为5年,在使用直线法计提折旧的情况下,折旧率为()。
阅读材料,回答有关问题:1869年,门捷列夫发现了元素周期律和元素周期表,在元素周期律的指导下,利用元素之间的一些规律性知识来分类学习物质的性质,使化学学习和研究变得有规律可循。之后,元素周期表被不断完善,成为化学研究的重要工具。直到20世纪初,物理学家
给定资料 1.中国共产党第十八届中央委员会第三次全体会议,于2013年11月9日至12日在北京举行。全会听取和讨论了习近平受中央政治局委托作的工作报告,审议通过了《中共中央关于全面深化改革若干重大问题的决定》。习近平就《决定(讨论稿)》向全会作了说明
中国共产党领导的多党合作和政治协商制度是中国特色社会主义的政党制度,也是我国的一项基本政治制度。这项制度是马克思主义政党理论和统一战线学说与我国具体实际相结合的产物,是我国社会主义民主政治制度的重要组成部分。关于我国的政党制度,下列说法中正确的是(
Everycountrywithamonetarysystemofitsownhastohavesomekindofmarketinwhichdealersinbills,notes,andotherform
最新回复
(
0
)