Ann: Revised Proposal for Anglo American plc, page-6

  1. 880 Posts.
    lightbulb Created with Sketch. 193
    It reads as if they are:

    1. Flagging that BHP will not increase their offer; and
    2. Pressuring Anglo's board to act.

    The non-binding offer expires on 22 May.

    I expect BHP's share price to bounce. They haven't even been given access to info... BHP are basically saying to Anglo board, it's on you for missing out on a premium.


    Last edited by 2sigma: 14/05/24
 
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