Previous Close | 15.00 |
Open | 15.00 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 75.00 |
Expire Date | 2024-11-15 |
Day's Range | 15.00 - 15.00 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
Australian mining giant BHP Group on Wednesday pledged to invest in South Africa's economy as it seeks support for a 38.6 billion pound ($49.3 billion) bid to acquire Anglo American, which was founded in the country more than a century ago and remains one of its biggest employers. London-based Anglo American last week rejected BHP’s latest offer, raising concerns about its complex structure. The proposed deal would require Anglo American to spin off two South African units, Anglo American Platinum and Kumba Iron Ore, as BHP seeks to focus on copper and other products expected to benefit from a transition to green energy.
The companies have been in talks over a deal worth almost £39 billion since Wednesday May 22.
(Bloomberg) -- Anglo American Plc said it won’t give BHP Group any further time to commit to a takeover offer, threatening to end a $49 billion pursuit by the world’s biggest mining company. Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughMortgages Stuck Around 7% Force Rapid