23
May
10:27
Anglo American rejects BHP's third takeover offer
Anglo American has rejected BHP's third takeover offer that valued the firm at £38.6 billion ($49.11 billion), Kallanish notes. However, Anglo has agreed to a one-week extension for BHP's takeover talks.
Anglo American says it received BHP's third takeover proposal on Monday at £29.34 per share. However, the board unanimously rejected the latest proposal.
“The board is confident in Anglo American’s standalone future prospects a…
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Anonymous
Very good overview of the weekly steel market.
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