Miner Anglo American rejects third takeover offer from rival BHP Group as talks deadline extended
CNBC - 2024-05-22T13:49:17.000Z

Anglo American rejected a third takeover proposal from rival BHP Group on Wednesday, as the companies agreed to extend talks deadline by one week.

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Anglo American rejects improved bid from BHP, extends deadline
Anglo American has rejected a third "unsolicited and highly conditional" takeover proposal from BHP.The all-share offer values the company at £29.34/share, based on the April 23 closing price, according to Anglo.It requires Anglo to complete two separate demergers of its entire shareholdings in Anglo Amplats and Kumba Iron Ore to Anglo American's shareholders. The all-share offer and required demergers would be inter-conditional.BHP said, in a statement to the London Stock Exchange, that the...
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Anglo American rejects improved bid from BHP, extends deadline

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