Anglo American Rejects BHP's Third Takeover Offer, Enters Talks with Larger Rival
Wednesday, 22 May 2024, 16:01
Anglo American Rejects BHP's Final £38.6bn Takeover Offer
Australian firm, Anglo American, rejects BHP's final offer of £31.11 a share, despite BHP's attempt to create a global mining titan. FTSE 100 miner agrees to enter talks with the larger rival, raising speculation on the future of the companies in the mining sector. BHP's increased and final bid values Anglo American at £38.6bn, signaling a potential acquisition battle ahead.
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