We would have blocked Anglo bid, says Mantashe
Exclusion of SA assets in BHP proposal a sign of no confidence in country, analysts say
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Exclusion of SA assets in BHP proposal a sign of no confidence in country, analysts say
In a bold move set to potentially reshape the global mining landscape, BHP Group (NYSE: BHP), the Australian mining giant,
(Bloomberg) -- BHP Group is considering making an improved proposal for Anglo American PLC after its $39 billion initial offer was rejected by the London-listed miner, according to people familiar with the matter.Most Read from BloombergApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Reversing Markets Confound the ProsThe Long, Slow Death of Urban NightlifeJavier Milei Fuels Wild Rall
The FTSE 100 miner said the proposal was unattractive for shareholders and failed to value the company’s future prospects
British mining giant Anglo American on Friday rejected a blockbuster $38.8-billion takeover bid from Australian rival BHP, arguing that it was too low.