Previous close | 0.1500 |
Open | 0.1500 |
Bid | 0.0000 |
Ask | 0.6000 |
Strike | 100.00 |
Expiry date | 2025-01-17 |
Day's range | 0.1500 - 0.1500 |
Contract range | N/A |
Volume | |
Open interest | 71 |
BHP Group has dropped its 38.6 billion pound ($49.3 billion) bid for Anglo American, ending plans to create a global mining giant focused on copper and other minerals that are expected to drive the transition to renewable energy. Anglo American earlier rejected a request to extend Wednesday’s deadline for BHP to submit a formal offer. “BHP will not be making a firm offer for Anglo American,” CEO Mike Henry said late Wednesday in a statement to the London Stock Exchange.
Investing.com -- Anglo American 's (LON:AAL) proposed restructuring drive will "take time" as the miner looks to turn the page after a takeover bid by rival BHP Group (LON:BHPB) failed earlier this week, analysts at UBS said in a note downgrading their rating of the stock to "Neutral" from "Buy."
European stock markets largely fell Thursday, with rising global bond yields hitting sentiment ahead of the release of highly anticipated inflation data at the end of the week. Equities have retreated in Europe, following the weakness on Wall Street and the losses in Asia overnight, with sentiment pressured by rising U.S. Treasury yields as worries about inflation play into the narrative that interest rates will remain elevated for longer than expected. The eurozone inflation release is expected to tick up 2.5% in May year-on-year, from 2.4% in April.