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The Guardian - UK
The Guardian - UK
Business
Alex Lawson

Miner Anglo American could become takeover target, say analysts

Mining vehicle at Kumba Iron Ore
Anglo’s problems are related to logistical issues at mines in Peru, Chile and South Africa, as well as ‘operational underperformance’, says one analyst. Photograph: Siphiwe Sibeko/Reuters

The mining company Anglo American could become a takeover target after warning of weaker than expected production, analysts believe.

Shares in the London-listed company rose nearly 1% to £18.17 on Monday, valuing the business at £24.3bn, after a pummelling last week that left it exposed to a potential bid.

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