| Previous close | 3.0000 |
| Open | 3.0000 |
| Bid | 1.2500 |
| Ask | 2.9500 |
| Strike | 42.50 |
| Expiry date | 2026-01-16 |
| Day's range | 3.0000 - 3.0000 |
| Contract range | N/A |
| Volume | |
| Open interest | 69 |
ReutersBHP shares hit 3-month high as deadline for formal Anglo bid looms
PERTH (Reuters) -Shares of BHP Group touched a three-month high on Tuesday about 36 hours ahead of a deadline to lodge a formal bid for rival miner Anglo American, which last week rejected a sweetened $43 billion takeover proposal. The world's largest listed miner's shares are benefiting from good news including fresh stimulus for China's property sector, copper prices reaching record highs and a growing view that BHP will not make another tilt at Anglo, according to Andy Forster, senior investment officer at Argo Investments, a BHP shareholder. Under UK takeover rules, BHP has until 1600 GMT on Wednesday to make a binding bid for Anglo American or it will be forced to walk away for at least six months.
ReutersAnglo shareholder LGIM supports break-up plan as BHP circles
Anglo American shareholder Legal & General Investment Management (LGIM) supports the break-up plan announced by the company last week, it said on Monday, as the deadline approaches for BHP Group to log a formal takeover offer. The radical plan to divest Anglo's less profitable coal, nickel, diamond and platinum businesses followed its rejection of two all-share takeover approaches from BHP, the world's biggest listed mining group, which had proposed a $43 billion deal on the condition that Anglo first spins off its South African operations. "The plan outlined by Anglo American is a radical but attractive strategy to create value for long-term investors," said Nick Stansbury, head of climate solutions at LGIM.
