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IVN Turquoise Hill Resources Ltd.

9.04
0.00 (0.00%)
25 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Turquoise Hill Resources Ltd. NYSE:IVN NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.04 0.00 01:00:00

INDABA: Ivanhoe Chairman: Anglo American A Takeover Target Post Glencore-Xstrata

08/02/2012 9:45am

Dow Jones News


Ivanhoe Mines (NYSE:IVN)
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From Jul 2019 to Jul 2024

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Globally diversified miner Anglo American PLC (AAL.LN) is definitely a takeover target if the announced merger between Glencore International PLC (GLEN.LN) and Xstrata PLC (XTA.LN) is completed, Robert Friedland, the chairman of Ivanhoe Mines Ltd (IVN.T0 said Wednesday.

Speaking on the sidelines of the Mining Indaba conference, Friedland told Dow Jones Newswires that "it's blatantly obviously that Anglo is a takeover target," he said.

He wouldn't provide details on why but said "I would be surprised if they [Glencore-Xstrata) don't eventually" make a move on Anglo American.

-By Alex MacDonald, Dow Jones Newswires; +44 (0)7776 200 924 alex.macdonald@dowjones.com

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