We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Extracting value

8 August 2008 By John Foley

The UK miner s biggest shareholder, M&G, has refused to sell its 17% stake to raider Xstrata. Lonmin s board has yet to produce much of a defence. Investor holdouts look to be the company s best chance of winning a higher offer.

This content is for Subscribers only

or
If you need assistance please email breakingviews.clientsupport@thomsonreuters.com
 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)

We need you to verify your email address to continue. Please check your email/junk folder for our verification request.

Click here to resend the verification email.