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Anglo American indicates sense of urgency.

International Resource News-22 October 2009-Anglo American indicates sense of urgency(C)2009 ENPublishing - http://www.enpublishing.co.uk

International Resource News - 22 October 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Anglo American (LSE: AAL), one of the world's largest diversified mining and natural resource groups, has announced asset disposals and management restructuring which indicates a sense of urgency at the company to perform, according to Credit Suisse.

Credit Suisse is expecting new Chairman John Parker to provide the impetus on performance.

According to Credit Suisse, 'Xstrata (XTA.LN) has 6 months before it can rebid, and Anglo will likely show a renewed sense of urgency through this time and will likely pull out all the stops to win shareholders over.'

[Editorial queries for this story should be sent to irn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com))

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Publication:International Resource News (IRN)
Date:Oct 22, 2009
Words:145
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