May 22 (Reuters) - Anglo American PLC AAL.L :
- ANGLO AMERICAN REJECTS FURTHER BHP PROPOSAL
- PROPOSED DEAL FOR 0.8860 BHP SHARES
- RECEIVED A THIRD UNSOLICITED, NON-BINDING AND HIGHLY CONDITIONAL TAKEOVER PROPOSAL FROM BHP GROUP LIMITED
- LATEST PROPOSAL INCLUDES SAME HIGHLY COMPLEX STRUCTURE AS PROPOSALS PREVIOUSLY REJECTED ON 26 APRIL 2024 AND 13 MAY 2024
- ANGLO AMERICAN BOARD CONCERNED OVER BHP OFFER STRUCTURE
- BOARD IS CONFIDENT IN ANGLO AMERICAN'S STANDALONE FUTURE PROSPECTS
- ANGLO AMERICAN SETS PUSU DEADLINE FOR BHP OFFER TO MAY 29
- COMPLEX PROCESS PROPOSED BY BHP IS LIKELY TO TAKE 18 MONTHS OR MORE TO COMPLETE AND CARRIES SIGNIFICANT EXECUTION RISKS
- WILLING TO CONTINUE TO ENGAGE WITH BHP AND ADVISERS ON THIS TOPIC AND HAS THEREFORE REQUESTED A 1 WEEK EXTENSION TO PUSU DEADLINE
- TERMS OF LATEST PROPOSAL REPRESENT A TOTAL VALUE OF £29.34 PER ANGLO AMERICAN SHARE
May 22 (Reuters) - Anglo American PLC AAL.L : ANGLO AMERICAN...
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