首页
登录
职称英语
(1) Diamonds, sparkling under an African sun, have an attraction commensurat
(1) Diamonds, sparkling under an African sun, have an attraction commensurat
游客
2023-10-21
26
管理
问题
(1) Diamonds, sparkling under an African sun, have an attraction commensurate 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.
(2) 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 board of Anglo American.
(3) 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 or sale in the next couple of years, suggesting that such an outcome is not unlikely.
(4) 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.
(5) 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 Ang10. 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.
(6) 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. (本文选自 The Economist) [br] According to Para. 1, 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。根据文章第一段第三句可知,11月4日,英美资源集团宣布将以51亿美元的价格从奥本海默家族手里收购德比尔斯公司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德比尔斯公司的股份增加至85%;剩余的股份由博茨瓦纳政府持有,德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://tihaiku.com/zcyy/3118391.html
相关试题推荐
(1)Diamonds,sparklingunderanAfricansun,haveanattractioncommensurat
(1)Diamonds,sparklingunderanAfricansun,haveanattractioncommensurat
Thetoptwoscalesareinperfectbalance.Howmanydiamondswillbeneededtob
[img]2016m3x/ct_eyyjsdz2011j_eyyjsdd_0410_20163[/img]’Diamonds’,sangMar
[img]2016m3x/ct_eyyjsdz2011j_eyyjsdd_0410_20163[/img]’Diamonds’,sangMar
[img]2016m3x/ct_eyyjsdz2011j_eyyjsdd_0410_20163[/img]’Diamonds’,sangMar
[img]2016m3x/ct_eyyjsdz2011j_eyyjsdd_0410_20163[/img]’Diamonds’,sangMar
[img]2016m3x/ct_eyyjsdz2011j_eyyjsdd_0410_20163[/img]’Diamonds’,sangMar
A.EveningentertainmentB.MaintouristattractionC.GoodtimestovisitD.Ot
A.EveningentertainmentB.MaintouristattractionC.GoodtimestovisitD.Ot
随机试题
Hewillhavetogiveuphisresearchwork,becausehesuffersfrom______vision
[originaltext]Yuppiesareyoungpeoplewhoearnalotofmoneyandlivein
甲状腺功能亢进诊断主要依靠A.临床表现 B.基础代谢率测定 C.放射性
患儿厌食1年余,不思进食,食少饮多,皮肤失润,大便偏干,小便短黄,烦躁少寐,手足
关于利率期货下列说法正确的有()。 ①利率期货主要是为了规避利率风险而产
下列哪一项不属于化脓性脑膜炎患者的临床表现A、多呈暴发性 B、颈项强直 C、
从融通资金的方式来说,个人住房贷款是以抵押物的抵押为前提而建立起来的一种借贷关系
1()是指要求学生用文字论述方式阐述相关观点的题目,回答字数可以从几段
(2016年真题)为提高难溶性药物的溶解度常需要使用潜溶剂,不能与水形成潜溶剂的
甲公司为一部影视视频平台提供商。2×16年,甲公司以其拥有的一部电影的版权与乙公
最新回复
(
0
)