BHP Jan 2025 40.000 call
- Bloomberg
BHP Targets Anglo American in Bid Valuing Miner at $39 Billion
(Bloomberg) -- BHP Group Ltd. proposed a takeover of Anglo American Plc that values the smaller miner at £31.1 billion ($38.8 billion), in a deal that would catapult the combined company’s copper production far beyond its rivals while sparking the biggest shakeup in the industry in over a decade.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience Af
- Reuters
BHP Group makes $38.8 billion play for Anglo American, copper in focus
BHP, the world's largest listed miner, will offer Anglo American shareholders 25.08 pounds per share, including 4.86 pounds apiece in Anglo Platinum shares and 3.40 apiece in Kumba shares, it said in a statement on Thursday. Anglo American earlier in the day said it had received an unsolicited, non-binding and highly conditional combination proposal from BHP, which it was currently reviewing.
- Reuters
UPDATE 1-BHP Group makes $38.8 bln play for Anglo American, copper in focus
BHP Group said it made an offer to buy London-listed miner Anglo American, valuing its share capital at 31.1 billion pounds ($38.84 billion), a deal that would create the world's biggest copper miner with around 10% of global output. BHP, the world's largest listed miner, will offer Anglo American shareholders 25.08 pounds per share, including 4.86 pounds apiece in Anglo Platinum shares and 3.40 apiece in Kumba shares, it said in a statement on Thursday. Anglo American earlier in the day said it had received an unsolicited, non-binding and highly conditional combination proposal from BHP, which it was currently reviewing.
