Anglo American Rejects BHP Offer; Gatos Silver's Mineral Findings; IperionX Installs New Furnace And More: Friday's Top Mining Stories
Top Stories for April 26, 2024:Anglo American (OTC:AAUKF) rejected the $39-billion all-share takeover bid from BHP Group (NYSE:BHP), calling it "highly unattractive" and undervalued. The offer include
Benzinga16:52 ET
Elliott Management's $1B Anglo American Stake Ups Ante As Mining Megamerger Collapses
Activist investor Elliott Management has quietly built a $1 billion stake in Anglo American (OTCQX:NGLOY), adding pressure to the UK-listed mining giant after it became the target of a $39 billion tak
Benzinga15:56 ET
Anglo American and Other Copper Stocks Have Surged. Time to Sell. -- Barrons.com
Jacob Sonenshine Copper stocks and commodity prices have surged. The latest potential merger in the sector may put the cherry on top as a sign for investors to sell. Anglo American, a London-based d
Barron'sApr 26 11:15 ET
European Equities Traded in the US as American Depositary Receipts Trend Higher in Friday Trading, End Week Up 3.4%
European equities traded in the US as American depositary receipts were trending higher Friday morning, rising 0.5% to 1,380.32 on the S&P Europe Select ADR Index. With the gain, the index is set to c
MT NewswiresApr 26 11:09 ET
Form 8.3 - BHP Group Ltd
Yahoo FinanceApr 26 10:25 ET
Reliance, Newmont Report Q1 Financial Results; BHP Proposes Acquisition Of Anglo American And More: Thursday's Top Mining Stories
Top Stories for April 25, 2024:1. Reliance (NYSE:RS) reported Q1 results with net sales of $3.64 billion and a 10.3% increase in tons sold. The company recorded a gross profit margin of 31% and earnin
BenzingaApr 26 09:27 ET
Anglo American Rejects BHP's 'Highly Unattractive' Bid, Sets Proposal Deadline For May 22
Anglo American (OTCQX:NGLOY) rebuffed a $39-billion takeover proposal from BHP Group (NYSE:BHP), dismissing the offer as "highly unattractive." What Happened: BHP's bid, announced Thursday, April 25,
BenzingaApr 26 08:56 ET
BHP Group Ltd (BHPLF) Gets a Hold From Berenberg Bank
TipRanksApr 26 08:55 ET
'Activist Elliott Builds $1B Anglo American Stake; Anglo American Has Received Takeover Approach From BHP; Hedge Fund Has Been Amassing Stake Over Recent Months' - Bloomberg News
Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc, the UK-listed miner that's received a takeover approach from Australia's BHP Group Ltd., people with knowledge
BenzingaApr 26 08:28 ET
Mining Giant Anglo-American Rejects BHP's $39 Billion Takeover Offer, Says It's 'Opportunistic'
Yahoo FinanceApr 26 08:19 ET
Anglo American Rejection Signals BHP Will Need to Raise Bid -- Market Talk
0748 GMT - U.K. mining giant Anglo American's rejection of BHP's $38.8 billion takeover bid confirms a higher premium will likely be needed for the deal to go ahead, RBC analyst Marina Calero says in
WSJApr 26 03:48 ET
FTSE 100 Expected to Open Higher -- Market Talk
0651 GMT - The FTSE 100 is expected to open 56 points, or 0.7%, higher, according to IG, having closed on Thursday at 8078.86, likely hitting a new record high as the U.K. index continues its strong r
WSJApr 26 02:51 ET
Australian Shares Fall on Fading Rate Cut Hopes; BHP Slips 4% on Anglo American Bid Update
Australian shares fell on Friday as the market priced out any prospect of a rate cut in 2024. The S&P/ASX 200 Index fell 107.10 points, or 1.4%, to 7,575.90. In the wake of Wednesday's consumer price
MT NewswiresApr 26 02:35 ET
Anglo American Rejects Bid From BHP Group
Anglo American Rejects Bid From BHP Group
Dow JonesApr 26 02:22 ET
Anglo American Chairman Says Proposal Is Opportunistic
Anglo American Chairman Says Proposal Is Opportunistic
Dow JonesApr 26 02:04 ET
Anglo American Board Concluded Proposal Significantly Undervalues Company
Anglo American Board Concluded Proposal Significantly Undervalues Company
Dow JonesApr 26 02:02 ET
Anglo American Response Comes After BHP Made Offer Valued at About $38.8 Bln
Anglo American Response Comes After BHP Made Offer Valued at About $38.8 Bln
Dow JonesApr 26 02:02 ET
Rumor has it that Anglo-American Resources is not satisfied with BHP Billiton (BHP.US)'s $39 billion offer, analysts are not optimistic
The Zhitong Finance App learned that two sources revealed that the management of Angloy.US (NGLOY.US) did not consider the $39 billion acquisition proposed by BHP.US (BHP.US) attractive. Some investors and analysts consider BHP Billiton's offer to be speculative. BHP Billiton proposed a purchase offer of £25.08 ($31.39) per share to Anglo-American Resources shareholders on Thursday, equivalent to US$38.8 billion, a 31% premium over Wednesday's closing price. BHP Billiton's proposal is conditional on Anglo-American Resources Group splitting the two assets first. Sources say the offer did not resolve Britain
Zhitong FinanceApr 25 22:57 ET
BHP Could Look to Sell Many of Anglo American's Assets -- Market Talk
0105 GMT - Macquarie takes a look at assets that BHP likely would not want to keep if its all-stock bid for Anglo American is successful. It believes Anglo's De Beers business would not be core to BHP
WSJApr 25 21:05 ET
BHP's Anglo American Bid Could Start Critical Minerals Race -- Market Talk
0059 GMT - BHP's all-stock bid for Anglo American may have jump-started a sector-wide M&A drive to secure minerals required for the energy transition, Macquarie says. In a note, the bank says it had b
WSJApr 25 20:59 ET
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