Darktrace’s three year stay on the London stock market is set to end after the cybersecurity firm backed a £4 billion takeover by a US private equity firm. The developments came as mining giant Anglo American said it had rejected BHP’s “opportunistic” £31 billion bid approach.
British mining giant Anglo American on Friday rejected a blockbuster $38.8-billion takeover bid from Australian rival BHP, slamming it as "highly unattractive" and "opportunistic"."The proposed structure is also highly unattractive, creating substantial uncertainty and execution risk borne almost entirely by Anglo American, its shareholders and its other stakeholders."
The latest investor updates on stocks that are trending on Friday.