Previous Close | 0.1500 |
Open | 0.1500 |
Bid | 0.1000 |
Ask | 0.3500 |
Strike | 72.50 |
Expire Date | 2024-08-16 |
Day's Range | 0.1500 - 0.1500 |
Contract Range | N/A |
Volume | |
Open Interest | 119 |
Anglo American CEO Duncan Wanblad is meeting on Friday South African mines minister Gwede Mantashe for the first time since the miner rejected BHP Group's $39 billion takeover bid, a source familiar with the matter told Reuters. BHP, the world's biggest-listed mining group, is privately talking to investors as it weighs up its next move after Anglo's rejection of its initial proposal. BHP has proposed that Anglo sell its shares in units Anglo Platinum (Amplats) and Kumba Iron Ore as an option to exit the South African assets it does not want included in the deal.
(Bloomberg) -- BHP Group Ltd.’s audacious approach for Anglo American Plc stands to reshape the global mining industry if it succeeds as planned, and antitrust authorities from China to South Africa and Japan are likely to play as important a role as shareholders in determining the final outcome.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies on Upbeat Forecast, Record-Setting BuybackTurkey Confirms All Trade Halt With Israel Over War in GazaHu
The development could spark a bidding war for the 107-year old mining company between Glencore and existing bidder BHP.