Anglo American rejects BHP's $39 billion takeover bid to form mining juggernaut
by CNBC
CNBC— Mining giant Anglo American on Friday rejected a takeover bid from rival BHP Group, saying the offer "significantly undervalues" the company and its prospects.
The Guardian—Anglo American rejects £31bn takeover offer from mining rival BHP. All-share proposal had potential to be one of biggest deals in sector for decade but deemed ‘opportunistic’Business live – latest updatesThe board of Anglo American, the London-listed mining company, has rejected a “highly unattractive” £31bn takeover approach from its Australian rival BHP.BHP’s all-share proposed offer for Anglo American had the potential to be one of the biggest deals in the global mining sector for a decade but has attracted criticism from Anglo’s shareholders as being too...
@cityam—Activist Elliott said to build £800m stake in Anglo American after company rejects BHP’s ‘opportunistic’ bid. Mining giant Anglo American has rejected BHP Group's £31.1bn proposal after concluding the plan would undervalue its future prospects.
@Marketplace—Copper is so hot that a mining firm turned down a $39 billion takeover bid because it was too low. Copper is so hot that a mining firm, Anglo American, turned down a $39 billion takeover bid because it was too low.