Elliott takes $1 billion stake in Anglo American as miner faces takeover interest
by CNBC
CNBC— Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told CNBC.
@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.
@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.
Albany Herald—Americans were paid an additional $235 billion in interest in 2023, thanks to the Fed. New York (CNN) — If you’re carrying a lot of high-interest debt, the fact that the Federal Reserve once again did not cut interest rates at its Wednesday meeting may