Why Anglo's self-amputation plan could keep the BHP wolf at bay
When in the clutches of a predator, lizards, salamanders, worms and even some spiders will effortlessly shed body parts in a bid to escape the threat.
Anglo American too has chosen life over limb in launching an extensive self-amputation plan this week. But will it be enough to keep a takeover threat from BHP at bay? Weighed down by highly cyclical assets and some operational challenges – but with stellar copper mines in its portfolio – Anglo has increasingly been viewed as a tasty acquisition target. South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
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