Anglo American Rejects BHP's Final Takeover Offer, Enters Talks with Larger Rival
Wednesday, 22 May 2024, 16:01
Anglo American Rejects BHP's Final Offer
Australian firm says £31.11 a share is its final offer, but FTSE 100 miner agrees to enter talks with larger rival.
Key Points:
- Increased and Final Bid: BHP submits an increased bid of £31.11 a share for Anglo American.
- Rebuffed Takeover Attempt: Anglo American rejects third takeover attempt by BHP.
- Implications: The move may alter the landscape of the global mining industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.