Anglo American (AAUK) Higher On Xstrata Takeover Approach
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Shares of Anglo American plc (Nasdaq: AAUK) are higher after the company preliminary proposal from Xstrata plc which may or may not lead to a transaction.
Anglo American said the situation is at a very preliminary stage and that there is no certainty that any transaction will be forthcoming.
Goldman Sachs is working as an advisor for Anglo American plc and has moved its rating to 'Not Rated'
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