BHP Billiton Stock News

BHP Group is said to be weighing up an improved takeover bid for rival miner Anglo American Plc after its $39 billion initial offer was rejected. Paul Allen reports on Bloomberg Television.

Markets Defused aims to present an easy-to-understand and straightforward recap of the week's most engaging stock market news BHP takeover approach spurned by Anglo American Meta shareholders have an

BHP proposed a takeover of Anglo American that values the smaller miner at $38.9 billion, in a deal that would create the world's top copper producer while sparking the industry's biggest shakeup in o

Anglo American on Friday turned down the almost $39 billion takeover offer by rival mining giant BHP Group (BHP), setting the stage for a bidding war that could reshape the global industry.

One way or another, some of mining giant Anglo American's assets seem destined for new owners.

Ben Davis, mining analyst at Liberum, comments on Anglo American's widely-expected rejection of a $39 billion takeover proposal from BHP. Analysts and some Anglo investors had seen BHP's proposal as w

Anglo American Plc has turned down a $39 billion takeover proposal from BHP Group, saying it significantly undervalues the company. The rejection was widely expected as analysists and some investors

Anglo American has turned down a substantial 31.1 billion pound ($39 billion) takeover offer from BHP Group, citing the proposal's failure to adequately value the London-listed mining company and its

Anglo American on Friday said it had rejected BHP's £31.1 billion ($39 billion) all-share takeover offer, arguing the Australian company's proposal “significantly undervalues” the British firm an

Mining giant Anglo American on Friday rejected a takeover bid from rival BHP Group, saying the offer "significantly undervalues" the company and its future prospects.

The U.K.-listed mining giant's chairman said BHP's proposal undervalues the company and is unattractive for its shareholders.

Anglo American PLC (LSE:AAL) has rejected BHP Group Ltd (LSE:BHP, ASX:BHP)'s 'opportunistic' £31 billion all-stock bid, saying it significantly undervalues its business, condemning the transaction as

BHP Group shares fell 3.6% on Friday in the first day of trading since revealing a $38.8 billion bid for smaller rival Anglo American in a deal that would forge the world's largest copper miner.

Other suitors could also emerge.

Anglo American does not consider a proposed $39 billion takeover offer from BHP Group as attractive, two sources told Reuters, as some large investors dismissed it as opportunistic.