BHP Jun 2024 62.500 put
- Reuters
BlackRock encouraged Anglo to extend talks with BHP, source says
(Reuters) -Anglo American was encouraged by key shareholders including BlackRock to continue engaging in talks with BHP Group over its proposed 38.6 billion pound ($49.18 billion) mining merger, a person familiar with the matter told Reuters on Saturday. BHP, the world's biggest listed mining group, now has until May 29 to make a firm bid for Anglo American or it will be forced to walk away for at least six months under the UK's takeover rules after it was granted a one-week extension on Wednesday. BlackRock was among a handful of investors that encouraged meaningful negotiations with BHP, said the Financial Times, which reported the news first.
- Bloomberg
Anglo Shareholders Say BHP Should Amend Structure or Sweeten Bid
(Bloomberg) -- Several of Anglo American Plc’s biggest shareholders say they support the company’s efforts to persuade BHP Group to change the structure of its takeover proposal or compensate for the risks it presents, before accepting any offer.Most Read from BloombergSingapore Air Changes Seatbelt Rules After Fatal TurbulenceSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationWhat the Trump Jury Saw as Evidence Against Him in 12 ImagesThe Rise and Fall of Simon Sadler's Segantii, One of
- Barrons.com
Nvidia Crushed It Again but These Risks Could Halt the Rally, and 5 Other Things to Know Before the Market Opens.
Fed officials on rate cuts, stalling home sales, Anglo American warms to BHP deal and other news to start your day.
