BHP Jul 2024 52.500 put
- PA Media: Money
Anglo American rejects BHP calls to extend takeover talks deadline
The companies have been in talks over a deal worth almost £39 billion since Wednesday May 22.
- Bloomberg
Anglo Won’t Extend BHP Deadline, Signaling End to Mega Bid
(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
- Evening Standard
FTSE 100 Live 29 May: Anglo rebuffs BHP's call for more time on £39 billion bid, blue-chips slightly lower
Royal Mail owner IDS today backed a £3.5 billion takeover by Czech billionaire Daniel Kretinsky. The agreement with West Ham part-owner Kretinsky follows his company’s undertakings to protect Royal Mail’s “critical functions”. In other City developments, BHP was turned down when it asked to extend the Anglo American bid timeline and Pets at Home has posted lower profits.
