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BHP has a week to convince Anglo its South African plan can work

BHP Group just won an extra week to convince Anglo American on its $49-billion takeover plan. But the world’s biggest miner still must resolve the deal’s most intractable obstacle: What to do about South Africa?

After a month of rising tensions, the companies are holding discussions after BHP raised the value of its proposal for a third time on Monday. Anglo has rejected the latest bid, but agreed to extend a deadline for BHP to commit to a binding offer so that talks can continue. ....

South Africa , City Of , United Kingdom , United States , South African , Wood Mackenzie , Gwede Mantashe , Bhp Group , Public Investment Corp , Anglo American , Anglo American Platinum , Kumba Iron Ore , Public Investment , Mines Minister Gwede Mantashe , Competition Tribunal ,

Anglo American And BHP Major Shareholder PIC Demands Substantial Revision Of BHP Proposal For Anglo

MELBOURNE (dpa-AFX) - Public Investment Corp. or PIC, a major shareholder of both Anglo American plc (AAUKY.PK, AAL.L) and BHP Group (BHP), on Wednesday said it requires a meaningful revision of ....

South Africa , United States , South African , Public Investment Corp , Anglo American , Ihr Portfolio ,

Anglo Opens Talks With BHP After Rejecting $49B Offer

Anglo Opens Talks With BHP After Rejecting $49B Offer
themiddlemarket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themiddlemarket.com Daily Mail and Mail on Sunday newspapers.

United States , City Of , United Kingdom , South Africa , South African , Duncan Wanblad , Stuart Chambers , Public Investment Corp , Anglo American Plc , Anglo American Platinum Ltd , London Metal Exchange , Kumba Iron Ore Ltd , Anglo American , Johannesburg Listed Anglo American Platinum , Chairman Stuart Chambers , Chief Executive Officer Duncan Wanblad ,