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Anglo American rejects third and ‘final’ BHP takeover approach


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Australian firm’s latest unsuccessful bid values rival at £38.6bn with an offer of £31.11 a share

Anglo American has rebuffed a third takeover attempt by BHP after the Australian company sweetened its offer in an attempt to create a global mining titan.

BHP said it had submitted an “increased and final” bid of £31.11 a share for Anglo, which values the FTSE 100 company at £38.6bn, earlier this week.

Continue reading…Australian firm’s latest unsuccessful bid values rival at £38.6bn with an offer of £31.11 a shareAnglo American has rebuffed a third takeover attempt by BHP after the Australian company sweetened its offer in an attempt to create a global mining titan.BHP said it had submitted an “increased and final” bid of £31.11 a share for Anglo, which values the FTSE 100 company at £38.6bn, earlier this week. Continue reading…