BHP considers improving Anglo American bid after rejection - Bloomberg

seekingalpha04-27

BHP Group (NYSE:BHP) is evaluating making an improved offer for Anglo American PLC (OTCQX:NGLOY) after its $39B bid was rejected by the miner. The Australian miner is talking with its advisers about ...

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The Australian miner is talking with its advisers about ...</p>\n\n<a href=\"https://seekingalpha.com/news/4095213-bhp-considers-improving-anglo-american-bid-after-rejection-bloomberg\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BHP considers improving Anglo American bid after rejection - Bloomberg</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBHP considers improving Anglo American bid after rejection - Bloomberg\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-27 23:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4095213-bhp-considers-improving-anglo-american-bid-after-rejection-bloomberg><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BHP Group (NYSE:BHP) is evaluating making an improved offer for Anglo American PLC (OTCQX:NGLOY) after its $39B bid was rejected by the miner.  The Australian miner is talking with its advisers about ...</p>\n\n<a href=\"https://seekingalpha.com/news/4095213-bhp-considers-improving-anglo-american-bid-after-rejection-bloomberg\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BHP.AU","symbol_name":"BHP GROUP LTD","start_time":0,"source_url":"https://seekingalpha.com/news/4095213-bhp-considers-improving-anglo-american-bid-after-rejection-bloomberg","article_id":"2430741930","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1266928564/image_1266928564.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2430741930","pubTimestamp":1714231579,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"BHP Group  is evaluating making an improved offer for Anglo American PLC  after its $39B bid was rejected by the miner.  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The Australian miner is talking with its advisers about making a revised proposal for Anglo American (OTCQX:NGLOY) in the coming weeks, according to a Bloomberg report on Saturday, which cited people familiar with the matter. BHP talks are ongoing, and it hasn't made a final decision on the size and structure of a new offer.  BHP is also discussing the rationale for a transaction with its major shareholders and working to persuade them to back the offer, according to the report.  A BHP spokesperson declined to comment to Bloomberg. On Friday, Anglo American's (OTCQX:NGLOY) board unanimously rejected BHP's (NYSE:BHP) $39B takeover offer, saying the bid \"significantly undervalues\" the British miner and its future prospects, and also creates substantial uncertainty and execution risk. Bloomberg reported on Friday that prominent activist investor Elliott Investment Management built a $1B stake in Anglo American (OTCQX:NGLOY). The hedge fund has amassed the holding over recent months, and the size of the stake has raised Elliott to one of Anglo's 10 biggest holders.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2430741930"}