News: BHP Anglo American Says BHP's Proposal Significantly Undervalues Co, Rejects Revised Bid

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    May 13 (Reuters) - Anglo American PLC AAL.L :

    • ANGLO AMERICAN PLC BHP GROUP LIMITED - STATEMENT RE REVISED PROPOSAL FROM BHP
    • ANGLO AMERICAN : ON 7 MAY 2024 IT RECEIVED A SECOND UNSOLICITED, NON-BINDING AND HIGHLY CONDITIONAL COMBINATION PROPOSAL FROM BHP
    • ANGLO AMERICAN - STRUCTURE OF LATEST PROPOSAL IS UNCHANGED FROM PROPOSAL PREVIOUSLY REJECTED ON 26 APRIL 2024
    • ANGLO AMERICAN - BOARD OF ANGLO AMERICAN HAS UNANIMOUSLY REJECTED LATEST PROPOSAL
    • ANGLO AMERICAN - CONCLUDED THAT IT CONTINUES TO SIGNIFICANTLY UNDERVALUE ANGLO AMERICAN AND ITS FUTURE PROSPECTS
    • ANGLO AMERICAN - BOARD IS CONFIDENT IN ANGLO AMERICAN'S STANDALONE FUTURE PROSPECTS
    • ANGLO AMERICAN : LATEST PROPOSAL CONTINUES TO "SIGNIFICANTLY UNDERVALUE" ANGLO AMERICAN
    • ANGLO AMERICAN - LATEST PROPOSAL CONTINUES TO CONTEMPLATE A STRUCTURE WHICH BOARD BELIEVES IS HIGHLY UNATTRACTIVE FOR ANGLO AMERICAN'S SHAREHOLDERS
    • ANGLO AMERICAN - LATEST PROPOSAL CONTINUES TO CONTEMPLATE A STRUCTURE WHICH BOARD BELIEVES IS HIGHLY UNATTRACTIVE FOR ANGLO AMERICAN'S SHAREHOLDERS
    • ANGLO AMERICAN - REQUIREMENT TO PURSUE TWO CONTEMPORANEOUS DEMERGERS CREATES SIGNIFICANT UNCERTAINTY, WHICH FALLS DISPROPORTIONATELY TO ANGLO AMERICAN SHAREHOLDERS
    • ANGLO AMERICAN - BOARD IS CONFIDENT IN ANGLO AMERICAN'S STANDALONE FUTURE PROSPECTS
 
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Last
$39.25
Change
-0.970(2.41%)
Mkt cap ! $199.2B
Open High Low Value Volume
$39.27 $39.69 $39.18 $471.5M 11.99M

Buyers (Bids)

No. Vol. Price($)
3 1022 $39.25
 

Sellers (Offers)

Price($) Vol. No.
$39.27 72 1
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