BHP's (NYSE:BHP) shareholders anticipate one final bid enhancement in the ongoing pursuit of Anglo American (OTC:AAUKF), as the regulatory deadline looms. So far, Anglo American rejected two successive all-share propositions, opting…
Anglo American has suspended hiring globally, it said on Thursday, as it gets plans under way to simplify itself and build value — and avert a $43bn (R785bn) takeover bid by Australia's BHP Group.
BHP 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.
Anglo American plans to shed several assets and focus more on commodities linked to green energy after rejecting a $43 billion takeover bid from rival BHP.
Mining giant Anglo American PLC plans to break up its sprawling worldwide business — including spinning off the DeBeers diamond operation — as it seeks to fend off a takeover and focus on minerals that are expected to boom amid the global…
London-listed Anglo-American has unveiled a "clear, compelling, and decisive plan to unlock significant value from its portfolio." This strategy involves selling its platinum and diamond business units while concentrating on copper,…
Anglo American (OTCQX:AAUKF) plans to sell some of its legacy assets, notably its diamond business, De Beers, South Africa-based Anglo American Platinum, and steelmaking coal assets.