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…
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.
Two Brazilian states have asked a court to more than double the amount that miners Vale and BHP, plus a jointly owned tie-up, must pay in damages for a 2015 deadly tailings dam failure, according to a legal document seen …
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.
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.
Anglo American laid out plans on Tuesday for a potential break-up of the group via a demerger or sale of its steelmaking coal, nickel, diamonds and platinum businesses, as it tries to fend off a takeover bid from BHP Group.
A decision to demerge or sell its diamond and platinum businesses is expected to go a long way in maintaining Anglo American's profitability, by focusing on the more lucrative copper and iron ore businesses.
After rejecting a second takeover bid from BHP, mining peer Anglo American unveiled on Tuesday plans to divest or demerge its diamond, platinum, steelmaking coal, and nickel businesses as it seeks to radically simplify its portfolio to…