BHP Jan 2025 72.500 call
- Reuters
BlackRock encouraged Anglo to extend talks with BHP, source says
(Reuters) -Anglo American was encouraged by key shareholders including BlackRock to continue engaging in talks with BHP Group over its proposed 38.6 billion pound ($49.18 billion) mining merger, a person familiar with the matter told Reuters on Saturday. BHP, the world's biggest listed mining group, now has until May 29 to make a firm bid for Anglo American or it will be forced to walk away for at least six months under the UK's takeover rules after it was granted a one-week extension on Wednesday. BlackRock was among a handful of investors that encouraged meaningful negotiations with BHP, said the Financial Times, which reported the news first.
- Bloomberg
Anglo Shareholders Say BHP Should Amend Structure or Sweeten Bid
(Bloomberg) -- Several of Anglo American Plc’s biggest shareholders say they support the company’s efforts to persuade BHP Group to change the structure of its takeover proposal or compensate for the risks it presents, before accepting any offer.Most Read from BloombergSingapore Air Changes Seatbelt Rules After Fatal TurbulenceSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationWhat the Trump Jury Saw as Evidence Against Him in 12 ImagesThe Rise and Fall of Simon Sadler's Segantii, One of
- Reuters
Analysis-Battle for Anglo's copper assets tests BHP's resolve as deadline looms
BHP's resolve to add more copper to its portfolio will be tested by Anglo American investors' demands for a simpler offer for the whole company or a cash sweetener to clinch a deal that could become the biggest in mining history. The Australian miner is battling to secure Anglo's world class and longer-life copper assets in Latin America.
