Previous close | 12.04 |
Open | 10.50 |
Bid | 9.20 |
Ask | 14.00 |
Strike | 67.50 |
Expiry date | 2025-01-17 |
Day's range | 12.04 - 12.04 |
Contract range | N/A |
Volume | |
Open interest | 316 |
(Bloomberg) -- Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc, people with knowledge of the matter said, adding to the pressure on the UK-listed miner after it rejected a takeover approach from Australia’s BHP Group Ltd.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldHuawei’s New Phone Runs Latest Version of Made-in-China ChipPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingUS Economy Slows and Inflation
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. The deal would create the world’s largest copper miner, with around 10% of global output — a hugely lucrative market as the world transitions to clean energy. Anglo said in a statement to the London Stock Exchange that the BHP proposal is “opportunistic” and “fails to value” the company's prospects.