BHP Group's ambitious $49 billion takeover plan for Anglo American faces uncertainty as talks fail to progress, leading to BHP CEO Mike Henry walking away due to inability to access key information from Anglo American. BHP does not intend to make a firm offer for Anglo American.
Unable to press his target to the negotiating table, BHP Group boss Mike Henry on Wednesday walked away from a bold bid to buy smaller rival Anglo, cheering investors eager to see proof the miner will not pursue deals at any cost https://t.co/jAX54Dq2pX
Unable to press his target to the negotiating table, BHP Group boss Mike Henry on Wednesday walked away from a bold bid to buy smaller rival Anglo, cheering investors eager to see proof the miner will not pursue deals at any cost https://t.co/dUe8TwxGRY
Anglo American forced BHP's hand to abandon a takeover bid, but the Australian giant may yet make a comeback once the Amplats unbundling has started, an analyst says. https://t.co/TfLC7LDEYt
BHP shareholders still hopeful of Anglo deal despite rebuff https://t.co/MpPsZrHQpA
Breakingviews - Failed Anglo bid is net negative for BHP CEO https://t.co/wtRJrStzz9 https://t.co/wtRJrStzz9
From Breakingviews - Breakingviews - Failed Anglo bid is net negative for BHP CEO https://t.co/B2lzbziWQV https://t.co/B2lzbziWQV
"...and, despite seeking to engage constructively and numerous requests, we were not able to access from Anglo American key information required to formulate measures to address the excess risk they perceive," BHP ceo Mike Henry says
⚠️BHP GROUP LIMITED ANGLO AMERICAN PLC - STATEMENT REGARDING PROPOSAL FOR ANGLO AMERICAN **DOES NOT INTEND TO MAKE A FIRM OFFER FOR ANGLO AMERICAN PLC **UNABLE TO REACH AGREEMENT WITH ANGLO AMERICAN ON OUR SPECIFIC VIEWS IN RESPECT OF SOUTH AFRICAN REGULATORY RISK AND COST **…
BHP and Anglo American face crunch as talks fail to progress https://t.co/LkUXhNO8pO
With less than one day left on the clock, advisers for BHP and Anglo American were still struggling to find a breakthrough to salvage BHP’s ambitious $49 billion takeover plan. https://t.co/z0eAAOlvEw
Royal Mail and Anglo American shareholders braced for final takeover offers https://t.co/mlPwkfAqQ6