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BHP Group decided against making a firm offer for Anglo American Plc, instead walking away for now from what would have been the biggest mining deal in over a decade.
Anglo American Plc cautiously considers a monumental offer from BHP Group, marking a potential watershed moment in mining history.
European stocks closed lower on Tuesday, as investors digested the latest batch of earnings and economic updates, and looked ahead to the Federal Reserve's monetary policy announcement due on Wednesday.
European stocks closed lower on Tuesday, as investors digested the latest batch of earnings and economic updates, and looked ahead to the Federal Reserve's monetary policy announcement due on Wednesday.
BHP Group Ltd. proposed a takeover of Anglo American Plc that values the smaller miner at £31.1 billion ($38.9 billion), in a deal that would create the world’s top copper producer while sparking the industry’s biggest shakeup in over a decade.