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BHP Group Ltd (BHP.SG)
Stuttgart - Stuttgart Delayed price. Currency in EUR
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- Reuters
Anglo CEO meets S.Africa mines minister after BHP's takeover proposal
Anglo American CEO Duncan Wanblad is meeting on Friday South African mines minister Gwede Mantashe for the first time since the miner rejected BHP Group's $39 billion takeover bid, a source familiar with the matter told Reuters. BHP, the world's biggest-listed mining group, is privately talking to investors as it weighs up its next move after Anglo's rejection of its initial proposal. BHP has proposed that Anglo sell its shares in units Anglo Platinum (Amplats) and Kumba Iron Ore as an option to exit the South African assets it does not want included in the deal.
- Reuters
Glencore studying an approach for Anglo American, sources say
The development could spark a bidding war for the 107-year old mining company between Glencore and existing bidder BHP.
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