BHP spoke to Anglo American again
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Bloomberg News reported Sunday that Anglo had rebuffed a new approach from BHP, deciding it wasn’t superior to the planned combination with Teck. BHP subsequently confirmed it had held preliminary discussions with its smaller rival, but had now abandoned the endeavor.
Detailed price information for Anglo American Plc (AAUKF) from The Globe and Mail including charting and trades.
Industry Minister Melanie Joly, who has authority to block the transaction, is reviewing the merger between the mining companies. Anglo American has already pledged to move its global headquarters from London to Vancouver, a strategic decision aimed at increasing chances of securing Canadian government approval.
Canada is putting pressure on Anglo American Plc to make stronger commitments to executive and management jobs at its proposed Vancouver headquarters as a condition of taking over Teck Resources Ltd.,
Detailed price information for Anglo American Plc (AAUKF) from The Globe and Mail including charting and trades.
Anglo American has entered into a partnership with the UK’s Foreign, Commonwealth and Development Office to strengthen inclusive economic development in South Africa through the company’s Impact Finance Network.