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Elliott builds $1bn stake in Anglo American amid BHP takeover bid

Elliott Investment Management has acquired a $1 billion stake in Anglo American Plc amid a takeover bid by BHP Group Ltd.

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Activist Elliott Builds $1 Billion Anglo American Stake

(Bloomberg) Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc, people with knowledge of the matter said, adding to the pressure on the UK-listed miner after it rejected a takeover approach from Australia’s BHP Group Ltd.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipUS Economy Slows and Inflation

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Gold could be poised for another record-setting year This obscure part of the market may see big gains

Investors betting on another strong year for gold may want to look at an obscure part of the market: gold streaming and royalty companies.

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With 66% ownership of the shares, Triple Flag Precious Metals Corp (TSE:TFPM) is heavily dominated by hedge funds owners

Key Insights Institutions' substantial holdings in Triple Flag Precious Metals implies that they have significant.

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Triple Flag Stock: Strong Uptrend With Bullish Gold Ahead (NYSE:TFPM)

Triple Flag Stock: Strong Uptrend With Bullish Gold Ahead (NYSE:TFPM)
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