News: BHP BHP Says Anglo American Rejects Revised Bid

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    May 13 (Reuters) - BHP Group Ltd (BHP) :

    • BHP GROUP LIMITED - REVISED PROPOSAL FOR ANGLO AMERICAN PLC
    • BHP GROUP: REVISED PROPOSAL WAS REJECTED BY ANGLO AMERICAN BOARD ON 13 MAY
    • BHP GROUP: CONFIRMS THAT ON 7 MAY 2024 IT MADE A REVISED PROPOSAL TO BOARD OF DIRECTORS OF ANGLO AMERICAN
    • BHP GROUP: PROPOSED DEAL FOR 0.8132 BHP SHARES FOR EACH ORDINARY SHARE THEY OWN IN ANGLO AMERICAN (BHP SHARE CONSIDERATION),
    • BHP GROUP: CONTINUES TO BELIEVE THAT COMBINATION OF TWO BUSINESSES WOULD DELIVER SIGNIFICANT VALUE FOR ALL SHAREHOLDERS
    • BHP GROUP - TRANSACTION STRUCTURE TO RESULT IN ANGLO AMERICAN SHAREHOLDERS RECEIVING SHARES IN ANGLO PLATINUM AND KUMBA IN BHP SHARE CONSIDERATION
    • BHP GROUP: TERMS OF REVISED PROPOSAL REPRESENT AN INCREASE OVER INITIAL PROPOSAL OF 14.6% IN MERGER EXCHANGE RATIO(1) AND BHP SHARE CONSIDERATION
    • BHP GROUP: BHP IS "DISAPPOINTED" THAT ANGLO AMERICAN BOARD HAS CHOSEN NOT TO ENGAGE WITH BHP WITH RESPECT TO REVISED PROPOSAL AND IMPROVED TERMS
    • BHP GROUP: TERMS OF REVISED PROPOSAL REPRESENT A TOTAL VALUE, BASED ON UNDISTURBED SHARE PRICES, OF ABOUT £27.53 PER ANGLO AMERICAN ORDINARY SHARE
    • BHP GROUP- PROPOSED DEAL VALUING ANGLO AMERICAN'S SHARE CAPITAL AT APPROXIMATELY £34 BILLION
 
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Last
$40.80
Change
-0.800(1.92%)
Mkt cap ! $207.1B
Open High Low Value Volume
$40.86 $41.14 $40.66 $305.0M 7.481M

Buyers (Bids)

No. Vol. Price($)
1 1800 $40.76
 

Sellers (Offers)

Price($) Vol. No.
$40.82 556 4
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