The latest investor updates on stocks that are trending on Friday.
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. Anglo American said Friday that its board unanimously rejected the bid from BHP, which was announced a day earlier. The deal would create the world’s largest copper miner as the transition to renewable energy drives demand for the metal.
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