BHP has until Wednesday to return with a binding offer or walk away under UK takeover rules Major shareholders in Anglo American are reportedly open to accepting a simpler takeover bid from its bigger rival BHP, which could create a mining…
Anglo American announced it will divest its De Beers diamond holdings. De Beers CEO Al Cook looks forward to guiding the company in the evolving diamond jewelry market.
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.