BHP Proposed Offer Valuing Anglo American at £31.1 Billion


by Bloomberg

Bloomberg— BHP Group Ltd. proposed a takeover of Anglo American Plc that values the smaller miner at £31.1 billion ($38.8 billion), in a deal that...

@cityam—What do analysts think of BHP's £31.1bn proposal for Anglo American?. Though the proposal mandates divesting two of Anglo American's problem children, it appears BHP is fine with keeping diamond brand De Beers.

Music Business Worldwide—Concord isn’t giving up on Hipgnosis Songs Fund, as it bids $1.51 billion – less than 1% higher than Blackstone’s proposed offer. HSF's board is unanimously recommending this offer to shareholders Source

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...