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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (34796)6/24/2009 3:16:26 PM
From: Spekulatius  Read Replies (1) | Respond to of 78628
 
re AAUK / Xstrata - i don't know any of the two any more but 1B$ cost savings to merge two companies with approx. 35B$ market cap each does not sound compelling to me. Both have issues with leverage (I think Xstrata more so than AAUUK) so a merger does not solve that problem either. Looks like little geographical overlap - what's compelling about a merger?