No 1 source of global mining news and opinion
Shares of BHP Group touched a three-month high on Tuesday about 36 hours ahead of a deadline to lodge a formal bid for rival miner Anglo American, which last week rejected a sweetened $43-billion takeover proposal.
BHP declined to comment on Tuesday. Its shares were up 0.5% to A$45.93 in afternoon trading. Anglo’s London-listed shares closed 0.1% higher at 26.80 pounds on Monday. “The risk of waiting is that Anglo’s metallurgical coal assets go to someone else or an interloper like Glencore comes in with a more compelling deal,” he said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shares in BHP touch three-month high as deadline for Anglo bid nearsShares in BHP touch three-month high as deadline for Anglo bid nears
Read more »
Anglo shareholder LGIM supports break-up plan as BHP circlesNo 1 source of global mining news and opinion
Read more »
BHP debates improved Anglo bid as time runs out in takeover sagaNo 1 source of global mining news and opinion
Read more »
Anglo American’s battle with BHP worries a corner of EnglandNo 1 source of global mining news and opinion
Read more »
BHP shareholders see room for one more sweetened Anglo bidNo 1 source of global mining news and opinion
Read more »
BHP's options for Anglo American deal narrow as deadline loomsBHP Group's options for its pursuit of rival miner Anglo American include sweetening its $42.7 billion buyout offer, making a hostile bid or walking away for now as it approaches a May 22 deadline to lodge a binding offer.
Read more »