Previous Close | 26.72 |
Open | 26.52 |
Bid | 26.55 x 0 |
Ask | 26.67 x 0 |
Day's Range | 26.52 - 26.81 |
52 Week Range | 25.31 - 31.06 |
Volume | |
Avg. Volume | 35 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Mining giant BHP and the union representing workers at its Spence copper mine in Chile will kick off on Wednesday government-mediated talks aimed at averting a strike, both parties said. BHP activated a mandatory five-day period of government mediation, typical of such labor talks in Chile, after union members massively rejected a new contract offer from the company earlier this week, paving the way for a strike. "We will meet in a couple of hours to start the mandatory mediation after BHP requested that," union head Ronald Salcedo told Reuters.
BHP Group's $49 billion bid for Anglo American may have failed but the move highlights how companies have been leading a charge to snap up UK assets as they seek growth in a relatively undervalued market, bankers and analysts said. "Bidder appetite has definitely accelerated especially among the global corporates," said James Robinson, Head of UK & Ireland M&A, at JPMorgan. Besides BHP's bid for Anglo, International Paper 7.4 billion pound bid for DS Smith, Quanex's 788 million pound deal to acquire engineering firm Tyman and Barratt Developments 2.6 billion pound bid for Redrow highlights are among the companies that have seized on UK prospects.
LONDON (AP) — BHP Group has dropped its 38.6 billion pound ($49.3 billion) bid for Anglo American, ending plans to create a global mining giant focused on copper and other minerals that are expected to drive the transition to renewable energy.