April 30, 2024

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

BHP Group can't cherry-pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters.

April 30, 2024

Anglo spinoffs will ‘very likely’ need South Africa approval

Even though BHP doesn’t want to buy Kumba and Amplats, South Africa could have an important role to play if an eventual deal is structured.

April 29, 2024

Takeover rules to prevent Anglo from saying much on BHP bid at AGM

BHP's $39 billion bid will be the elephant in the room at Anglo American's Tuesday annual general meeting.

April 29, 2024

South Africa views BHP bid for Anglo as ‘normal market activity’

BHP is considering making an improved offer, Reuters sources said during the weekend.

April 27, 2024

BHP considering improved proposal for Anglo American after bid rejected

BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected.

April 26, 2024

Implats weighs 3,900 job cuts in South Africa as price rout takes toll

Job losses are hot-button issues in the lead-up to the May 29 election.

April 26, 2024

Anglo American Platinum appoints Naidoo as CFO

Naidoo has been acting CFO since October 2023.

April 26, 2024

Anglo American rejects “opportunistic” $39bn takeover bid from BHP

Under takeover rules, BHP is required to either make a solid offer for Anglo American by May 22 or walk away.

April 25, 2024

Anglo’s stumbles have made it prey for mining’s biggest predator

The company’s reputation is in tatters after a series of missteps sent its value plunging by half. And now industry heavyweight BHP is moving in.

April 25, 2024

South Africa scrutinizes BHP bid for Anglo weeks before election

The deal worth about $39 billion would involve Anglo exiting its platinum and iron ore assets in the country.