Anglo American Shares Rise After BHP Takeover Approach
by Bloomberg
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CNBC—Anglo American shares pop 13% after BHP Group's $39 billion takeover bid to form mining juggernaut. Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at £31.1 billion ($38.9 billion).
@cityam—Anglo American shares surge as Glencore reportedly mulls a takeover. 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 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...