BHP needs to bid about $41 a share for Anglo, JPMorgan says Anglo American has turned down BHP’s bids twice since April 25, stating the offers continue to considerably undervalue the company. Reuters | May 17, 2024 | 4:03 am
Anglo American freezes hiring amid global shake-up Anglo's decision affects recruitment of non-site-based permanent employees and contractors, while it works on a company-wide restructuring. Staff Writer | May 16, 2024 | 5:08 am
BHP shareholders see room for one more sweetened Anglo bid Shareholders in both companies interviewed by Bloomberg said there was still likely to be some room for a sweetened offer before a May 22 cut-off. Bloomberg News | May 15, 2024 | 9:24 am
Anglo American to sell De Beers, Amplats to fend off BHP’s bid Anglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses. Cecilia Jamasmie | May 14, 2024 | 4:04 am
Anglo American rejects BHP’s revised $43 billion proposal Anglo American stated that the new offer was "highly unattractive" for its shareholders. Staff Writer | May 13, 2024 | 8:21 am
Platinum’s shortage to persist as EV slowdown fuels demand Demand for the metal in autocatalyst is expected to rise about 2% for the whole year. Bloomberg News | May 13, 2024 | 7:05 am
Platinum, palladium, rhodium prices seen down in 2024 despite deficit, Metals Focus says Average prices are expected to fall this year compared with 2023 despite another year of structural deficit. Reuters | May 13, 2024 | 6:53 am
Anglo investors tell company to move faster to survive BHP bid Anglo shareholders have been urging the company to explain how it would create more value than by just selling to the rival. Bloomberg News | May 11, 2024 | 11:44 am
Sibanye seeks to loosen borrowing restrictions as earnings plunge Sibanye CEO Neal Froneman said in the update that declining earnings could impact the company's debt covenants. Reuters | May 10, 2024 | 9:23 am
