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BHP shares fall 3.6% after making $39 bln bid for rival Anglo American

BHP Group shares fell 3.6%
on Friday in the first day of trading since revealing a $38.8
billion bid for smaller rival Anglo American in a deal
that would forge the world's largest copper...

United-states , Sydney , New-south-wales , Australia , American , Scott-murdoch , Christian-schmollinger , Reuters , Anglo-american , Markets ,

BHP shares fall 4% after making $39 bln bid for rival Anglo American

BHP Group shares fell 4%
on Friday in the first day of trading of its Australian-listed
stock since revealing a $38.8 billion bid for smaller rival
Anglo American in a deal that would forge the...

South-africa , Australia , Sydney , New-south-wales , United-states , China , Melbourne , Victoria , London , City-of , United-kingdom , American

BHP shares fall 3.6% after making $39 billion bid for rival Anglo American

BHP shares fall 3.6% after making $39 billion bid for rival Anglo American
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BHP shares fall 4% after making $39 billion bid for rival Anglo American

(Reuters) -BHP Group shares fell 4% on Friday a day after revealing a $38.8 billion bid for Anglo American as investors feared a deal could erode BHP's profitability especially if it has to sweeten its offer. The company's Australian stock did not trade on Thursday as the Australian share market was closed for a holiday. Questions about jurisdictional risks in South Africa and other regions, and concerns that Anglo American's businesses are lower margin than BHP's led to a share sell off, said RBC analyst Kaan Peker in Sydney.

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BHP shares drop on value concerns after $39 billion bid for Anglo American

(Reuters) -BHP Group shares fell 4% on Friday a day after revealing a $38.8 billion bid for Anglo American as investors feared a deal could erode BHP's profitability especially if it has to sweeten its offer. The company's Australian stock did not trade on Thursday as the Australian share market was closed for a holiday. Questions about jurisdictional risks in South Africa and other regions, and concerns that Anglo American's businesses are lower margin than BHP's led to a share sell off, said RBC analyst Kaan Peker in Sydney.

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Anglo American Rejects BHP's $39 Billion Takeover Proposal

Anglo American rejects BHP's $39 billion takeover proposal By Melanie Burton and Clara Denina MELBOURNE/LONDON (Reuters) -Anglo American rejected rival miner BHP Group's 31.1 billion pound ($39 billion) takeover proposal on Friday, saying the bid significantly undervalued the London-listed miner and its future prospects. "The BHP proposal is opportunistic and…

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Anglo American rejects BHP's $39 bln takeover proposal

Anglo American rejects BHP's $39 bln takeover proposal
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BHP shares fall 3.6% after making $39 billion bid for rival Anglo American

BHP shares fall 3.6% after making $39 billion bid for rival Anglo American
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BHP shares fall 3.6% after making $39 billion bid for rival Anglo American

BHP shares fall 3.6% after making $39 billion bid for rival Anglo American
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