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International Business: BHP considering improved proposal for Anglo American after bid was rejected

International Business: BHP considering improved proposal for Anglo American after bid was rejected
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BHP s $39 Billion Copper Play Was Years in the Making

(Bloomberg) When Mike Henry took over as chief executive officer of BHP Group in 2020, the world’s biggest mining company had lost its swagger. Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Reversing Markets Confound the ProsApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesThe Long, Slow Death of Urban NightlifeJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldBruised by a series of painful mis

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Mining | World s largest mining company BHP bids $39 billion for Anglo American

Mining | World s largest mining company BHP bids $39 billion for Anglo American
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BHP s $39 Billion Anglo Bid Puts London s Mining Crown Under Threat

BHP s $39 Billion Anglo Bid Puts London s Mining Crown Under Threat
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BHP shares fall 4% after making $39 billion bid for rival Anglo American

(Reuters) -BHP Group shares fell 4% on Friday a day after revealing a $38.8 billion bid for Anglo American as investors feared a deal could erode BHP's profitability especially if it has to sweeten its offer. The company's Australian stock did not trade on Thursday as the Australian share market was closed for a holiday. Questions about jurisdictional risks in South Africa and other regions, and concerns that Anglo American's businesses are lower margin than BHP's led to a share sell off, said RBC analyst Kaan Peker in Sydney.

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