Previous Close | 0.7500 |
Open | 0.8000 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 65.00 |
Expire Date | 2024-07-19 |
Day's Range | 0.7000 - 0.8300 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
The companies have been in talks over a deal worth almost £39 billion since Wednesday May 22.
(Bloomberg) -- BHP Group is seeking more time to discuss its $49 billion takeover plan with Anglo American Plc and outlined a series of commitments to the smaller company, with just hours left to go until a crucial deadline. Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarMort
MELBOURNE (Reuters) -BHP Group on Wednesday said it needed more time to engage with Anglo American, a week after the London-listed miner rejected BHP's 38.6 billion pounds ($49.20 billion) takeover bid ahead of a final deadline later in the global day. In a statement to Australia's securities exchange, BHP said that it was ready to offer a break fee to Anglo American if the deal was blocked due to anti-trust reasons or if it failed to gain regulatory approval, saying it was sure it had quantified and managed such risk. It also made socio-economic commitments to South Africa that include sharing costs related to increased employee ownership of the listed business in the country, as well as maintaining current employment levels at Anglo's Johannesburg office.