Anglo American Takeover Price Needs to Surpass £30/Share, Survey Shows

Anglo American Plc News

Anglo American Takeover Price Needs to Surpass £30/Share, Survey Shows
Bloomberg NewsBloombergLiam Fitzpatrick
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(Bloomberg) -- A takeover of Anglo American Plc would need to be pitched at more than £30 ($37.6) per share, a higher price than BHP Group Ltd. offered last ...

-- A takeover of Anglo American Plc would need to be pitched at more than £30 per share, a higher price than BHP Group Ltd. offered last week, according to analysts and traders surveyed by Bloomberg .US Warns ICC Action on Israel Would Hurt Cease-Fire Chances

Analysts at Deutsche Bank led by Liam Fitzpatrick see two possible scenarios: either the company is acquired at an improved price, or Anglo American delivers on some of the divestments proposed by BHP, which include a spin-off of platinum and iron ore subsidiaries. There is no certainty that any offer will ultimately be made. BHP has until May 22 to announce a firm intention to make an offer.Biden Strategy to Tame Gas Prices Is in Peril as Iran Sanctions Pressure Mounts -- HSBC Holdings Plc’s Chief Executive Officer Noel Quinn is stepping down, an unexpected move that comes as Europe’s largest lender tries to navigate the deterioration of ties between China and the US.

Artificial intelligence stocks have been on a roll for the past few months, mostly driving the market rally. Nvidia delivered record-breaking earnings on Feb. 21, with revenue rising to a staggering...

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Anglo American Takeover Price Needs to Surpass £30/Share, Survey ShowsAnglo American Takeover Price Needs to Surpass £30/Share, Survey ShowsA takeover of Anglo American Plc would need to be pitched at more than £30 ($37.6) per share, a higher price than BHP Group Ltd. offered last week, according to analysts and traders surveyed by Bloomberg.
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Mining giant Anglo-American rejects BHP's $39 billion takeover offer, says it's 'opportunistic'Mining giant Anglo-American rejects BHP's $39 billion takeover offer, says it's 'opportunistic'LONDON (AP) — U.K.-based mining giant Anglo American has rejected a 31 billion pound ($39 billion) takeover offer from BHP Group, saying it significantly undervalues the company and its growth potential.
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Mining giant Anglo-American rejects BHP's US$39 billion takeover offer, says it's 'opportunistic'Mining giant Anglo-American rejects BHP's US$39 billion takeover offer, says it's 'opportunistic'U.K.-based mining giant Anglo American has rejected a 31 billion pound (US$39 billion) takeover offer from BHP Group, saying it significantly undervalues the company and its growth potential.
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Mining giant Anglo-American rejects BHP's $39 billion takeover offer, says it's 'opportunistic'Mining giant Anglo-American rejects BHP's $39 billion takeover offer, says it's 'opportunistic'LONDON (AP) — U.K.-based mining giant Anglo American has rejected a 31 billion pound ($39 billion) takeover offer from BHP Group, saying it significantly...
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Anglo American rejects rival miner BHP’s US$39-billion takeover proposalAnglo American rejects rival miner BHP’s US$39-billion takeover proposalAnglo said the bid significantly undervalued the London-listed miner and its future prospects
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BHP Group makes takeover offer for Anglo American valued at US$39 billionBHP Group makes takeover offer for Anglo American valued at US$39 billionTORONTO — Mining company BHP Group Ltd. says it has make a takeover offer for Anglo American plc. worth about US$39 billion. BHP says the combined company...
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