TIISETSO MOTSOENENG: Heat is on for Wanblad
Anglo American CEO is under pressure to deliver as BHP appears to be setting up another bid
07 November 2024 - 05:00
Duncan Wanblad is on the clock. Earlier this week, the Anglo American boss unveiled a R19bn deal to sell its one-third stake in Australian coal miner Jellinbah to joint shareholder Zashvin.
The deal is the latest small, but crucial, step by Wanblad to prove that his self-help measures to boost shareholder returns are more than just corporate lip service amid rumours — per the Financial Times — that BHP is weighing up how it might make a renewed bid for Anglo. ..
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.