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Single-Product Oz Miners the Best Buyout Bets -- Market Talk

30 May 2018 4:29 am

0429 GMT - Citi pegs a handful of Aussie miners as the most-likely M&A targets as commodity markets recover. In naming Whitehaven, Oz, Resolute, Perseus and Galaxy, the investment bank says they have the best combination of growth and margins. They are also single-product miners, "which offers the right motivated buyer targeted exposure to coal, copper, gold or lithium." (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
 

(END) Dow Jones Newswires

May 30, 2018 00:29 ET (04:29 GMT)

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