03.02.2015 - 2015, the dearth of mining M&As
The mining and metals sector is braced for another tough year, with returns set to disappoint investors while mergers and acquisition (M&A) activity is expected to be weak. The year 2014 for the mining sector has been described as tough and 2015 will be no different, chiefly due to the commodity price slump that is expected to dent the level of deal making. “With commodity prices falling [in 2014], it was difficult to take a view of effectively putting together a business plan to target an acquisition on the basis where you can have a degree of confidence in underlying numbers,” said Standard Bank global head of mining & metals Rajat Kohli...............................................Full Article: Source
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