From Morningstar: 2024-04-26 05:33:00

Anglo American rejects BHP Group’s offer worth £31.1 billion, calling it “opportunistic” and significantly undervaluing the company. BHP proposes splitting off Anglo American Platinum Ltd and Kumba Iron Ore Ltd in South Africa. Shareholders would receive 0.7097 of a BHP share for each Anglo American share. Anglo American believes it’s well-positioned for value creation. CEO Stuart Chambers deems BHP’s offer as opportunistic.



Read more at Morningstar: Anglo American Rejects ‘Opportunistic’ BHP Offer