Low equity prices “may” offer M&A opportunities for mining industry
Published: Monday, 23 November 2015
The large mining houses have been working hard on cutting costs and boosting productivity, as their shares continue to fall, says consulting group McKinsey. Despite this, the group maintains that there is an alternative reading of the industry’s mid- to long-term prospects, with sparks of M&A interest on the horizon.
The dwindling share prices of mining
companies could potentially offer valuable merger and
acquisition (M&A) opportunities for those in the industry
who want to grow or reposition their portfolios, according to
consulting group McKinsey & Co.
Commodity prices are currently well below their peaks in
2011, according to the...