Anglo American faces a $43 billion bid from BHP, prompting a battle for shareholder support. BHP's preference for buying over building in copper aligns with Anglo's focus on the copper business. Anglo freezes global hiring post-restructuring pledge.
Anglo American has chosen life over limb in launching an extensive self-amputation plan this week. But will it be enough to keep a takeover threat from BHP at bay? https://t.co/QaSKBRpzxZ
Exclusive: 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 and reviewed by @Reuters https://t.co/wnpDaMsv7A
Exclusive: 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 and reviewed by @Reuters. More here - https://t.co/ajZFzJA6le
News24 | Why Anglo's self-amputation plan could keep the BHP wolf at bay https://t.co/kYCkkLmv5U
Glencore chief backs South Africa as Anglo takeover battle rages https://t.co/BfzUj5wPNd
Shareholders in BHP and takeover target Anglo expect the worldโs largest miner to come back with a third, improved proposal before a regulatory deadline next week https://t.co/UkKvJS4PiU
BHP's options for Anglo American deal narrow as deadline looms https://t.co/6PMY1b0cvT https://t.co/yTKtaPkRGH
Suitors set to start circling Anglo American assets https://t.co/zqAwL9X1Cx
News24 | Anglo's 'radical' shakeup plan receives cautious market response https://t.co/mJ2LHEqXA8
BHP shares jump 2.4% after Anglo announces break-up plan https://t.co/xK33vgFDgY
BHP shares jump 2.3% after Anglo announces break-up plan https://t.co/RrfpM4aZK6 https://t.co/hkrtonYqeZ
The rival mining bosses of Anglo and BHP are locked in a battle to convince shareholders they are the right man for the job https://t.co/svodpWuBk9
BHP CEO Mike Henry says mining company will remain disciplined as it chases Anglo American acquisition https://t.co/MpfE19jssZ
What does the bid mean for the capital cycle in copper? "BHPโs bids for Anglo revealed its preference to buy, not build, in copper ... By breaking up .. and focusing on the copper business, Anglo clearly agrees with BHP on the longevity and amplitude of the copper capital cycle" https://t.co/mcYJk72XSd https://t.co/bymTt8NEaF
BHP CEO Mike Henry says investors must decide whether his team or the rival one at Anglo American is best positioned to deliver value from their respective restructuring plans https://t.co/VAnnAnPq40
Breakingviews - Anglo breakup gives investors a free option on M&A https://t.co/Q9D7VCRJZ9 https://t.co/Q9D7VCRJZ9