http://blogs.reuters.com/reuters-dealzone/2009/05/18/vw-porsche-deal-stalls/ Behind the deals and deal-makers Thu, 23 May 2013 06:33:23 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/reuters-dealzone/2009/05/18/vw-porsche-deal-stalls/comment-page-1/#comment-342049 eric Tue, 19 May 2009 04:08:50 +0000 http://blogs.reuters.com/reuters-dealzone/?p=15127#comment-342049 i completely agree with nikkei's opinion,it will come ture not long time!!!! i completely agree with nikkei’s opinion,it will come ture not long time!!!!

]]> http://blogs.reuters.com/reuters-dealzone/2009/05/18/vw-porsche-deal-stalls/comment-page-1/#comment-342043 Nikkei 225 Mon, 18 May 2009 13:44:36 +0000 http://blogs.reuters.com/reuters-dealzone/?p=15127#comment-342043 China’s top economic body has approved state-owned Minmetals’ agreed $850 million deal to buy debt-laden Australian miner OZ Minerals Ltd, bringing Minmetals a step closer to completing the transaction. Australian mining companies have made an absolute fortune exporting commodities to China for the past 10 years. What happened to all that money? They face half a year of economic turbulance and have to sell their shop to the Chinese, who are getting these strategic assets at a hefty discount. I believe Australia is butchering the goose that lays the golden eggs, short term problem solving resulting into longterm loss of revenue. China’s top economic body has approved state-owned Minmetals’ agreed $850 million deal to buy debt-laden Australian miner OZ Minerals Ltd, bringing Minmetals a step closer to completing the transaction.
Australian mining companies have made an absolute fortune exporting commodities to China for the past 10 years. What happened to all that money? They face half a year of economic turbulance and have to sell their shop to the Chinese, who are getting these strategic assets at a hefty discount. I believe Australia is butchering the goose that lays the golden eggs, short term problem solving resulting into longterm loss of revenue.

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