BHP May 2024 77.500 call
| Previous Close | 0.0500 |
| Open | 0.0500 |
| Bid | 0.0000 |
| Ask | 0.1500 |
| Strike | 77.50 |
| Expire Date | 2024-05-17 |
| Day's Range | 0.0500 - 0.0500 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 297 |
ReutersCopper smelters in leading buyer China wary of BHP-Anglo American tie-up
Chinese smelters, the world's biggest buyers of mined copper, are concerned they will lose power to negotiate prices if BHP Group, known locally as "the big miner", succeeds in its bid for rival Anglo American. "This is not good news for China given the heavy reliance on external supply, and Chinese companies hold limited resources," Zhang Weixin, a metal analyst at China Futures, said of the potential tie-up. The China Smelters Purchase Team (CSPT), a group of top smelters that negotiates with miners on yearly prices to treat and refine copper, has no current plans to urge Beijing to investigate the deal, three sources familiar with the matter said.
BloombergAnglo American Takeover Price Needs to Surpass £30/Share, Survey Shows
(Bloomberg) -- A takeover of Anglo American Plc would need to be pitched at more than £30 ($37.6) per share, a higher price than BHP Group Ltd. offered last week, according to analysts and traders surveyed by Bloomberg. Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailCocoa Price Swing
