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Anglo faces calls to reveal shake-up plan to fend off BHP

Anglo faces calls to reveal shake-up plan to fend off BHP
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Takeover rules to prevent Anglo from saying much on BHP bid at AGM

By Eric Onstad LONDON (Reuters) - BHP's $39 billion bid will be the elephant in the room at Anglo American's Tuesday annual general meeting, with regulations meaning little can be said about the spurned offer. The world's biggest listed mining grou.

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Anglo snubs BHP s highly unattractive proposal

Anglo snubs BHP s highly unattractive proposal
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Anglo American Rejects BHP s Highly Unattractive Bid, Sets Proposal Deadline For May 22 - Anglo American (OTC:NGLOY), BHP Group (NYSE:BHP)

"The BHP proposal is opportunistic and fails to value Anglo American's prospects," the board chair said.

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UK Takeover Panel Proposes Narrowing the Scope of Companies Subject to the Takeover Code | Skadden, Arps, Slate, Meagher & Flom LLP

On 24 April 2024, the UK Takeover Panel (the Panel) published Public Consultation Paper 2024/1 (the PCP), which proposes a significant change to the applicability of the UK Takeover.

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