By Melanie Burton, Scott Murdoch and Anousha Sakoui MELBOURNE/LONDON (Reuters) -BHP Group bid $38.8 billion for Anglo American on Thursday, offering a deal to forge the world's biggest copper miner and driving its smaller rival's shares nearly 14% higher.
U.K.-based mining giant Anglo American has rejected a 31 billion pound ($39 billion) takeover offer from BHP Group, saying it significantly undervalues the company and its growth potential
By Melanie Burton, Scott Murdoch, Anousha Sakoui MELBOURNE/LONDON (Reuters) -BHP Group bid $38.8 billion for Anglo American on Thursday, offering a deal to forge the world's biggest copper miner and sending its smaller rival's shares 13% higher.
By Melanie Burton, Scott Murdoch and Anousha Sakoui MELBOURNE/LONDON (Reuters) -BHP Group said on Thursday it had made a $38.8 billion bid for Anglo American, proposing a deal that would create the world's biggest copper miner and sending its smaller rival's shares sharply higher.
British multinational miner Anglo American said on Thursday it had received an all-share buyout proposal from the world's largest listed mining company, Australia's BHP Group. London-listed Anglo American,
BHP has proposed a £31bn takeover of Anglo American that would bring together two global mining companies and rank as one of the industry’s largest transactions in years. The w
U.K.-based mining giant Anglo American has rejected a 31 billion pound ($39 billion) takeover offer from BHP Group, saying it significantly undervalues the company and its growth potential. Anglo said Friday that its board unanimously rejected the “unsolicited” and “highly conditional” bid from BHP,
KEY TAKEAWAYS Mining giant BHP Group has offered to buy rival Anglo American for nearly $39 billion.The deal would be one of the largest transaction in the industry in years if it goes through.The all-share offer is contingent on Anglo American spinning off shareholdings in two South Africa-listed units,
Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at £31.1 billion ($38.9 billion).
Australian mining giant BHP said Thursday it has made a $38.8 billion takeover bid for British rival Anglo American, a colossal deal with the potential to fundamentally reshape the sector.
BHP, the world’s largest miner, has tabled a mooted all-share offer for FTSE 100 listed Anglo American, a deal that would create the world’s biggest copper miner producing an estimated 10 per cent of global output.