14
May
06:44
Anglo American rejects BHP's revised $42.7bn takeover
United Kingdom-listed miner Anglo American has rejected Australia-listed BHP's revised £34 billion ($42.69 billion) takeover, saying the buyout "continues to significantly undervalue the firm and its future prospects," Kallanish notes.
After rejecting BHP's earlier £31.1 billion buyout proposal, Anglo American confirmed in a statement on Monday that it received a second unsolicited, non-binding and highly conditio…
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Anonymous
Very good overview of the weekly steel market.
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