LONDON (AP) — Shares in U.K.-based mining giant Anglo American surged Thursday after it received a 31 billion-pound ($39 billion) takeover approach from...
giant Anglo American surged Thursday after it received a 31 billion-pound takeover approach from rival BHP Billiton, a deal that would create the world’s biggest copper miner , with around 10% of global output — a hugely lucrative market in the transition to clean energy.
BHP added that following any deal, Anglo’s other “high quality operations, including its diamond business” would be subject to a strategic review. However, he said other companies may look to buy Anglo American themselves, especially if the company's shareholders hold out for a higher price.Toronto-Dominion Bank is one stock I reversed course on in a big way. The post TD Stock: Why I Reversed Course appeared first on The Motley Fool Canada.
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