Anglo American Rejects £31bn Takeover Offer From Mining Rival Bhp | Mining
All-share proposal had potential to be one of biggest deals in sector for decade but deemed ‘opportunistic’Business live – latest updatesThe board of Anglo American, the London-listed mining company, has rejected a “highly unattractive” £31bn takeover approach from its Australian rival BHP.BHP’s all-share proposed offer for Anglo American had the potential to be one of the biggest deals in the global mining sector for a decade but has attracted criticism from Anglo’s shareholders as being too low and “highly opportunistic”. Continue reading...
Anglo American Rejects Bhp’s $39B Takeover Offer, Opening Door To Bidding War
Philip Gostelow / Bloomberg via Getty Images
KEY TAKEAWAYSAnglo American on Friday turned down the almost $39 billion takeover offer by rival mining giant BHP Group.Anglo American's pushback against BHP's offer sets the stage for a bidding war that could be one of the industry’s largest transactions in years.The offer for Anglo American is BHP's latest move to expand its copper business, after buying Australian mining company OZ Minerals last year.
Metro Storage Llc Invests In Sustainable Future With Rooftop Solar Energy Panels
Metro Storage LLC expands it's Green Initiative with rooftop solar panels. LAKE FOREST, Ill., April 25, 2024 /PRNewswire-PRWeb/ -- Metro Storage LLC, a leading provider of storage solutions, is proud to announce its Green Initiative aimed at advancing sustainability in its operations. The...
Nv Energy Cuts Ribbon For $257M Battery Facility To Boost Solar Around Las Vegas | Energy | Business
NV Energy held a ribbon cutting ceremony for a $257 million battery facility that can stretch the use of solar power into the night and store energy for about 165,000 homes.
Woodsmith Mine Developer Anglo American In £31bn Takeover Approach By Australian Rival
Anglo's board are now considered in the unsolicited offer from the world's largest mining company, BHP Billiton. :
Anglo's board are now considered in the unsolicited offer from the world's largest mining company, BHP Billiton The mining giant behind a multibillion-pound fertiliser project in North Yorkshire and Teesside is the subject of £31.1bn takeover approach from global rival BHP Billiton.
Mining Giant Bhp Bets On Copper With Megabid For Anglo American
JHVEPhoto / Getty Images BHP office building in Houston, Texas. KEY TAKEAWAYSMining giant BHP Group has offered to buy rival Anglo American for nearly $39 billion.The deal would be one of the largest transaction in the industry in years if it goes through.The all-share offer is contingent on Anglo American spinning off shareholdings in two South Africa-listed units, its platinum division and its iron ore one.
Understanding The Tokenization Revolution And How It Transforming The Global Economy
Within the ever-evolving world of finance and technology, the concept of real-world asset (RWA) tokenization has emerged as a game-changer for many. This is because it opens up new avenues for investment and democratizes access to markets — such as real estate, government bonds, commodities, royalties, luxury goods, energy assets, etc. — that were previously inaccessible to many people.
Macquarie Calls Off Plans To Sell Renewable Energy Company Vibrant Energy | Company News
The plan was called off due to a discrepancy in the valuation of Vibrant Energy, which has an enterprise value of $500 million.
Bhp Group Makes Nearly $40B Bid To Acquire Rival Anglo American
If the deal goes through, the merged entity will be the world’s biggest copper producer accounting for around 10% of global output.
Diamondback Energy (fang): Oil Outlook Improving, But Stretched Valuation, Merger May Fail
In mid-2022, I published a bullish outlook on the oil and gas producer Diamondback Energy (NASDAQ:FANG) in "Diamondback Energy: Oil Producers To Benefit From Substantial Decline In Crude Reserve." At that time, I believed that crude oil prices would inevitably rebound due to the significant decline in total US storage levels and tepid production growth. Combined with rising exports to Europe, offsetting Russia, it seems likely that oil prices would not remain as low as they were then. Since that article was published, FANG has risen by around 73%, delivering a solid total return of about 80%.