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Mining M&A activity down in 2013

Posted on 02 August 2013

The first half of 2013 has seen a lower level of mergers and acquisitions according to an Ernest & Young report. In its latest report, E&Y state that global M&A in mining has been subdued so far. It explained that instead “management teams across the industry are focused on cost containment, margin improvement and asset optimisation at the expense of high risk capital expenditure, acquisitions or exploration”.
The report states that internationally, investors’ confidence in mining and metals, which have been particularly sensitive to short term economic changes…………………………………..Full Article: Source


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