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Investing.com - Anglo American (JO:AGLJ) rejected a third bid from rival BHP Group (NYSE:BHP), but Anglo agreeing to a one-week extension for a binding takeover offer, is encouraging, according to Jefferies, suggesting a deal is now more likely.
BHP, the world's biggest listed mining group, now has until May 29, after the one-week extension, to make a firm bid for Anglo American or it will be forced to walk away for at least six months under the UK's takeover rules.
BHP's approach is still con...
>>> Read more: BHP-Anglo American deal now more likely - Jefferies
BHP, the world's biggest listed mining group, now has until May 29, after the one-week extension, to make a firm bid for Anglo American or it will be forced to walk away for at least six months under the UK's takeover rules.
BHP's approach is still con...
>>> Read more: BHP-Anglo American deal now more likely - Jefferies
