Mike Henry has positioned world’s largest miner for a big deal and was prepared for initial rejection by UK-listed target
As building mines gets harder, the time needed to produce cash flows is daunting
Analysts said the bid needs to be more than £40bn to tempt Anglo to accept the deal. A bidding war could push the valuation higher.
The UK-listed miner has rejected an approach from BHP, but other bidders could emerge
Presidency 'rejects' narrative on BHP, Anglo American proposed deal
Company’s exit would deal another blow to City’s status as home to listed mining groups
The De Beers owner is a longstanding jewel in the African' state’s economic crown – it would be a ‘big blow’ to see it sold off
City grandee Stuart Chambers is under fire as yet another British business he leads is at risk of being sold off to a foreign predator.
The 107-year-old South African mining group, long resistant to change, has now rejected a takeover offer from BHP
Strange how life turns. How it brings you from what you think you want to what you know you want. Take Aidan Forker, now an Armagh veteran, but the last time they won Ulster back in 2008 he didn’t know much about the team and cared less.
Anglo American rejected a $39 billion takeover proposal from rival BHP, setting the stage for a potential bidding war.
The four top mining stories for Friday include updates on Anglo American, Hycroft Mining and more.
Elliott Management has invested $1 billion in Anglo American, adding pressure to the mining company amid a takeover bid from BHP Group.