Anglo American shares pop 13% after BHP Group's $39 billion takeover bid to
form mining juggernaut
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BHP’s pursuit of Anglo American has a major obstacle: South Africa
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 offThe world’s largest mining company has a problem. Australia’s BHP has set out its intention to snap up the rival miner Anglo American in a multibillion-pound deal that would reshape the global industry. Its proposed £31bn takeover plan has already been rebuffed as a lowball offer that undervalues the company. But Anglo’s deep roots in South Africa could be a far more...
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Activist Elliott said to build £800m stake in Anglo American after company rejects BHP’s ‘opportunistic’ bid
Mining giant Anglo American has rejected BHP Group's £31.1bn proposal after concluding the plan would undervalue its future prospects.