Implats seals $500 million black investor deal

The proposed $39 billion combination has more than enough components to trigger intense oversight by regulators concerned about implications for market concentration and access to key minerals.

BHP’s team aims to engage with President Cyril Ramaphosa’s administration among other key stakeholders, Bloomberg sources say.

Miner now owns stake of the Montana platinum group metals developer and its eponymous project next to Sibanye-Stillwater’s.

Anglo American shares are trading 8.8% above the value of BHP’s rebuffed takeover proposal.

BHP Group can't cherry-pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters.

Even though BHP doesn’t want to buy Kumba and Amplats, South Africa could have an important role to play if an eventual deal is structured.

BHP's $39 billion bid will be the elephant in the room at Anglo American's Tuesday annual general meeting.

BHP is considering making an improved offer, Reuters sources said during the weekend.

BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected.