Anglo American plc (AAL.L)
- Bloomberg
BHP Shareholders See Room for One More Sweetened Anglo Bid
(Bloomberg) -- Shareholders in BHP Group Ltd. and takeover target Anglo American Plc expect the world’s largest miner to come back with a third and improved proposal before a regulatory deadline next week, even after the smaller company laid out a bold restructuring plan of its own on Tuesday.Most Read from BloombergChina Considers Government Buying of Unsold Homes to Save Property MarketSlovak Premier Fighting for Life After Assassination AttemptHow One of the World's Oldest Hedge Funds Went Ba
- The Canadian Press
Mining giant Anglo American to break up its sprawling business as it tries to fend off takeover
LONDON (AP) — Mining giant Anglo American PLC plans to break up its sprawling worldwide business — including spinning off the DeBeers diamond operation — as it seeks to fend off a takeover and focus on minerals that are expected to boom amid the global shift to green energy. London-based Anglo American said Tuesday that it would spin off its platinum business, sell a unit that produces coal used in steel production and “explore all options” to separate DeBeers from the parent company. The moves
