Copper is so hot that a mining firm, Anglo American, turned down a $39 billion takeover bid because it was too low.
London-listed copper miner Anglo American has been surrounded by deal speculation after Aussie rival BHP confirmed it had tabled a $39bn tie-up last week.
The De Beers owner is a longstanding jewel in the African' state’s economic crown – it would be a ‘big blow’ to see it sold offThe world’s largest mining company has a problem. Australia’s BHP has set out its intention to snap up the rival miner Anglo American in a multibillion-pound deal that would reshape the global industry. Its proposed £31bn takeover plan has already been rebuffed as a lowball offer that undervalues the company. But Anglo’s deep roots in South Africa could be a far more...
Wood Group shares soared to their highest in a year after the engineering services firm rejected a takeover offer from Dubai rivals Sidara.
The five biggest stories to hit our headlines over the past seven days Source
Shares of Paramount (PARA) experienced a surge in Thursday's trading session after reports that Sony (SONY) and Apollo Global (APO) have submitted a $26 billion all cash takeover offer for the media giant. Yahoo Finance's Alexandra Canal dives into the details of the proposed deal. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith Disclosure: Apollo Global Management is the parent company of...
Mother’s Day is Sunday. Have you found a gift for your mom yet?
Warren Buffett’s Berkshire Hathaway offloaded around 13% of its Apple holdings in Q1 2024, the conglomerate revealed this weekend. Despite selling around 115 million shares, however, Buffett reaffirmed his commitment to AAPL going forward. Meanwhile, Tim Cook, who made the trip to Omaha for Berkshire’s annual meeting on Saturday, praised Buffett for his belief in Apple. more
An ultra uplifting bubblegum pop song from 1990s British group S Club 7 averted a near-tragic end for a terrified teenager living in regional Australia.
Sovereign Financial Group Inc. grew its holdings in shares of McDonald’s Co. (NYSE:MCD – Free Report) by 6.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,403 shares of the fast-food giant’s stock after buying an additional 146 shares during […]
The “Smoothie” group swoops into Belmont Park, NY’s UBS Arena on Sept. 21.
Mid American Wealth Advisory Group Inc. cut its stake in shares of The Coca-Cola Company (NYSE:KO – Free Report) by 6.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,128 shares of the company’s stock after selling 2,868 shares during […]