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JP Morgan has increased its fair value estimate for Anglo American PLC (LSE:AAL)'s copper division by 25%, now valuing it at £21 billion ($27 billion). This revision follows an in-depth review of pro
Anglo American has frozen hiring globally after its pledge this week to simplify the miner that is the target of a $43 billion bid by Australia's BHP , according to an internal memo issued by Anglo an
Anglo American PLC (LSE:AAL)'s radical overhaul plan has been largely positive, though it is fraught with 'execution risk', according City analysts. Reacting to two bid approaches from rival BHP Ltd w
BHP Group's options for its pursuit of rival miner Anglo American include sweetening its $42.7 billion buyout offer, making a hostile bid or walking away for now as it approaches a May 22 deadline to
Australia's mining and energy union will seek urgent meetings with Anglo American to discuss workers' job security after the London-listed miner announced plans to sell its five coal mines in Queensla
Anglo American's plan to sell off assets and strengthen its balance sheet would likely make it an even more attractive acquisition.
Anglo American is planning to split up and sell several assets after rejecting a sweetened $43 billion offer by rival mining giant BHP Group (BHP) in a break-up plan Chief Executive Officer (CEO) Dunc
Major restructuring plans unveiled by Anglo American PLC (LSE:AAL) today do not seem to have overly impressed investors, with the shares falling 1%. A day after rejecting a second £34 billion approac
Anglo American shares fell over 3% early Tuesday after it announced plans to spin off its highly prized De Beers diamond business.
After rebuffing a second bid from BHP yesterday, Anglo American PLC (LSE:AAL) set out plans for a major restructuring of its portfolio and strategy, including selling off its De Beers diamond busines
Anglo American on Tuesday said it would exit the coal, platinum and diamonds business as it fends off a takeover approach from BHP.
Anglo American laid out a strategy update on Tuesday that includes exploring options for its steelmaking coal, nickel and platinum businesses, in an effort to fend off a takeover bid from the world's
BHP Group is likely to sweeten its $43 billion takeover offer for Anglo American for a second time and possibly add cash, investors in both companies said on Tuesday, after the London-headquartered ta
Anglo American Plc has rebuffed a sweetened approach from BHP Group Ltd. that values it at about £34 billion ($43 billion).
BHP Group said Monday that Anglo American rejected a revised takeover offer that would value the British miner at $42.6 billion (£34 billion).
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