May 22 (Reuters) - BHP Group (BHP) :
- INCREASED AND FINAL OFFER RATIO FOR ANGLO AMERICAN
- TRANSACTION STRUCTURE OF REVISED PROPOSAL REMAINS SAME AS BHP'S PREVIOUS PROPOSALS
- BHP CONFIRMS THAT ON 20 MAY IT SUBMITTED AN INCREASED AND FINAL OFFER RATIO TO BOARD OF DIRECTORS OF ANGLO AMERICAN
- ARE HOPEFUL THAT RESOLUTION WILL BE REACHED IN NEXT SEVEN DAYS
- HAVE BEEN ENGAGING WITH ANGLO AMERICAN AND ITS ADVISORS TO HELP MITIGATE CONCERNS ASSOCIATED WITH IMPLEMENTATION OF THIS STRUCTURE
- FINAL OFFER RATIO REPRESENTS TOTAL VALUE OF £31.11 PER ANGLO AMERICAN SHARE
- BHP WILL WORK CLOSELY AND CONSTRUCTIVELY WITH COMPETITION REGULATORS AND PROVIDE INFORMATION THEY NEED TO ASSESS POTENTIAL TRANSACTION
- PROPOSAL VALUING ANGLO AMERICAN'S SHARE CAPITAL AT APPROXIMATELY £38.6 BILLION
- ANGLO AMERICAN HAS BEEN OFFERED RECIPROCAL DUE DILIGENCE ON BHP
May 22 (Reuters) - BHP Group (BHP) : INCREASED AND FINAL OFFER...
Add to My Watchlist
What is My Watchlist?