This week saw BHP’s last attempt to acquire fellow miner Anglo American fail. The negotiations had lasted six weeks, the offer prices were hiked twice, and yet the deal broke down. Because BHP only wanted Anglo’s copper operations. The…
The Mail revealed earlier this month that more than 1,000 roles could be cut at Woodsmith, which is a mammoth fertiliser mine being built under the North York Moors National Park.
Regulatory Approvals For U.S. Steel Deal; BHP-Anglo American Deal Falls Through; U.S. GoldMining Sustainability Highlights And More: Thursday's Top Mining Stories
BHP has abandoned its pursuit of Anglo American today after the London-listed firm refused to offload its South African iron ore business prior to a deal and declined to extend takeover talks. The news brings a close to a fractious bidding…
Anglo American was downgraded to neutral from buy at UBS, after BHP on Wednesday didn’t launch a formal offer after suggesting it could buy the company for £38.6 billion ($49 billion) if stock.
BHP Group has dropped its 38.6 billion pound ($49.3 billion) bid for Anglo American, ending plans to create a global mining giant focused on copper and other minerals that are expected to drive the transition to renewable energy.