Clock’s ticking for Anglo American
South African mining giant and its Australian rival appear to be getting closer to each other after agreeing to extend their talks by a week
26 May 2024 - 08:33
BHP wants to better understand Anglo American’s concerns with its sweetened £38bn takeover bid as the two rivals agreed to a seven-day extension to discuss the latest offer.
On Wednesday, Anglo rejected the world's biggest mining company’s third and final bid, citing concerns about the deal’s structure and the potential for value leakage in the latest bid. It gave BHP until Wednesday to respond to its concerns...
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