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FTSE 100 group rebuffed third takeover proposal for mining megamerger

A takeover of London-listed Anglo could be the largest deal the sector has ever seen.

Cleveland-Cliffs Announces New GHG Reduction Targets; U.S. Steel Launches New Facility; BHP To Pursuade Anglo Before New Takeover Deadline And More: Friday's Top Mining Stories

US and UK secret services are leveraging ties with terrorist organizations to sow chaos, Russia’s intelligence chief has said Read Full Article at RT.com

South32, spun out of BHP Group in 2015, is interested in acquiring Anglo American's manganese assets. It is also seeking to diversify its portfolio.

BHP has another week to convince Anglo’s board on the merits of its £39bn deal

BHP Group firm on takeover bid for Anglo American, deadline extended to May 29. Stock can be accessed through ETFs CRIT and COAL. Shares up 0.65%.

LONDON, May 23 — Anglo American on Wednesday said it had rejected an improved takeover offer from rival mining group BHP...

Anglo American rebuffed a roughly $50 billion takeover proposal from BHP but said it would enter talks with its mining rival, opening the door to a potential deal.

Anglo - whose empire includes De Beers diamonds - has given its larger rival another week to thrash out the terms of a deal.

The outcome appears to be another week of wrangling over now well-known issues

BHP Group (NYSE:BHP) secured a one-week extension on its proposed takeover of Anglo American (OTCQX:AAUKF).

Australian firm says £31.11 a share is its final offer, but FTSE 100 miner agrees to enter talks with larger rival