The JSE weakened late in the day after news that Anglo American is not happy with BHP’s latest takeover offer.
On Wednesday, BHP sweetened its offer for a second time, upping what it is prepared to pay for Anglo from £34bn to £38.6bn (about R900bn). The latest offer represents an increase from the original proposal, on April 24, of more than 24%...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.