Page 4 - Stuart Chambers News Today

Mining Engineering Online

Takeover of mining giant moves step closer after two bids from Australian rival rejected

The message from across the Atlantic is that after a scare US inflation is moderating and the booming economy may be taking a breather.

Word is that much of Anglos strategy was in place as part of a review before Mike Henry of BHP arrived on the scene with his twice-repelled deal.

But delegation, including CEO Mike Henry, says Anglo bid just a ‘nice to have’

Over the last few months, we’ve seen a rapid pickup in M&A activity in the mining space. BHP Group (NYSE: BHP), for example, made a $60 billion bid for Anglo American (OTC: NGLOY), whose prize jewel is its copper asset in South America. Alamos ...

Anglo American, which is a majority shareholder in De Beers, which is involved in diamond mining in Namibia, has rejected a proposal from BHP Group to […]

Glencore is considering a rival bid for Anglo American, which could spark a bidding war for the FTSE 100 group

Over the last few months, we’ve seen a rapid pickup in M&A activity in the mining space. BHP Group (NYSE: BHP), for example, made a $60 billion bid for Anglo American (OTC: NGLOY), whose prize jewel is its copper asset in South America. Alamos ...

HSBC chief exec Noel Quinn (pictured), having spent seven months auditioning for the top job, has decided to quit after less than five years.