掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Anglo American backs "clear pathway" after BHP ends pursuit

  • Thursday, May 30, 2024
  • Source:ferro-alloys.com

  • Keywords:Ferroalloy, Vanadium, Molybdenum, Tungsten, Manganese Ore, Chrome Ore,Iron Ore
[Fellow] Anglo American backs "clear pathway" after BHP ends pursuit

[Ferro-Alloys.com] Anglo American PLC on Wednesday said it can "unlock significant value for its shareholders", as the miner goes at it alone after successfully fending off a takeover tilt from larger peer BHP Group Ltd.

BHP just before the closing bell ruled out making a firm offer for smaller mining peer Anglo American, as its attempts to "grow the pie of value for both sets of shareholders" were rebuffed.

BHP Chief Executive Officer Mike Henry said: "We were unable to reach agreement with Anglo American on our specific views in respect of South African regulatory risk and cost and, despite seeking to engage constructively and numerous requests, we were not able to access from Anglo American key information required to formulate measures to address the excess risk they perceive.

"We remain of the view that our proposal was the most effective structure to deliver value for Anglo American shareholders, and we are confident that, working together with Anglo American, we could have obtained all required regulatory approvals, including in South Africa."

Anglo American had rejected an extension to BHP's 'put up or shut up' date. Last week, the Melbourne-based miner's third GBP34 billion takeover proposal was rejected by London-based Anglo American.

BHP offered 0.8860 of a BHP share for each Anglo share. The all-share offer by BHP required Anglo American to move away from its operations in South Africa and complete two demergers of its shareholdings in Anglo American Platinum and Kumba Iron Ore.

Earlier this month, to fend off the BHP approach, Anglo unveiled a new "radical" strategy that will see it keep copper and iron ore assets, while getting rid of platinum and diamond businesses.

Anglo American Chair Stuart Chambers said Wednesday: "Anglo American has set out a clear pathway to accelerate delivery of its strategy and to unlock significant value for its shareholders. Our shareholders will benefit from value transparency and undiluted exposure to a simpler portfolio of world class assets, consistently stronger operational performance, and highly attractive growth in copper, premium iron ore and crop nutrients. Anglo American's management team, supported by the board, is fully focused on delivering the plans it has set out to accelerate value delivery, and doing so at pace."

Anglo American shares fell 3.9% to 2,458.00 pence each in London on Wednesday. The firm has a GBP32.90 billion market value. BHP rose 0.1% to 2,338.00 pence, giving it a market capitalisation of GBP118.19 billion.

(Alliance News)

  • [Editor:tianyawei]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 喀喇| 五峰| 丹江口市| 额济纳旗| 荆门市| 旺苍县| 黑河市| 冕宁县| 石家庄市| 尉氏县| 扶绥县| 英吉沙县| 清水河县| 祁东县| 东安县| 浦县| 贺州市| 虞城县| 夏津县| 昆山市| 杭锦后旗| 丹阳市| 翁牛特旗| 清原| 遂溪县| 宜都市| 原平市| 玛沁县| 邻水| 大冶市| 秦皇岛市| 六枝特区| 麻城市| 博客| 南溪县| 仙居县| 乐昌市| 泰来县| 陇西县| 新密市| 斗六市|