Anglo American rejects BHP takeover bid
Anglo American has sent BHP back to the drawing board over its ‘opportunistic’ lowball offer for the mining giant.
Bhp Group Limited
Mega $60bn deal set to reshape Australia
Australia’s largest mining company is swooping in on a rival coal and copper giant in a transformative $60bn takeover bid.
ASX 200 slumps as Anglo rejects BHP bid
The local sharemarket closed down 1.4 per cent on Friday. Anglo American rejected BHP’s takeover bid. Scott Farquhar stepping down as Atlassian co-CEO. Super Retail Group faces $30m-$50m workplace claim.
BHP deal puts spotlight on the global nature of capital
Albanese government has shown itself willing to interfere in markets.
BHP after more than just copper in takeover
There’s no doubt BHP’s move on Anglo American is focused on long-term copper demand, but it would be a mistake to think there’s nothing else of value in Anglo’s portfolio.
Mega-bid evokes memories of Billiton deal
BHP’s surprise bid for global mining giant Anglo American will evoke memories of its bold move 23 years ago to merge with another London-based mining major.
Pay dirt: BHP’s bold bid for Anglo American
BHP’s takeover bid for Anglo American, which could be the biggest global resources deal this year, may bring some prized assets into its fold.
How advisers won BHP-Anglo American mandates
Big firms like BHP often share their investment banking work around the market. This time, UBS and Barclays got lucky.
What are Anglo American’s assets worth?
BHP would be getting a copper portfolio worth $US25.4bn and a South American iron ore operation worth $US8.4bn if it buys Anglo American.
Why Wall Street will win over BHP’s play for $56bn miner
This is one of the biggest deals in the mining sector that Wall Street has seen for years, and it’s only going to lead to more big resource transactions, experts say.
Copper wars are on as BHP’s CEO bets it all on Anglo
In making the high-risk $60bn mega-deal, BHP’s boss Mike Henry needs to prove the miner is not slipping back to its destructive old habits.
Labour market easing, says Whitehaven boss
Whitehaven Coal has ditched its autonomous truck trial at Maules Creek mine in NSW, but says the innovation will continue elsewhere as it faces the pinch from rising wages.
BHP sets deadline to determine Nickel West fate
The nickel price has recovered, but it still may not save 3000 jobs as BHP sets a date to decide the future of its struggling WA division.
Why 2024 is looking like 2023 for markets
For stocks and bonds, 2024 is in some ways shaping up like 2023, which begs the question: has the market stopped listening to Fed chair Jerome Powell?
Why this top fund manager is backing gold
Collins St Asset Management says a valuation gap with gold miners is set to close rapidly, potentially within months. Also today: EY prepares to announce layoffs. RBNZ holds rates. Dubber sacks CEO.
Good profits make for jobs and a prosperous nation
Company bosses should not be distracted by woke social agendas.
ASX at two-week low as miners fall
ASX 200 falls 1.6 per cent this week. Iron ore futures fall. GQG rises as funds soar. APM extends trading halt ahead of new bid. Magellan’s outflows up. Oil above $US90 as geopolitical tensions rise.
China, mining giants unhappy ahead of tariff showdown
Australia’s Anti-Dumping Commission has accused Chinese steelmakers of dumping rail wheels, defying protests from China and mining giants BHP and Rio Tinto as the agency asserts its independence.
ASX hits record close, up 4pc for quarter
Beach Energy flags post-Easter reset with most of the current leadership team leaving. Excluding Swift effect, underlying February retail sales flat. Ramelius ends takeover talks, shares rise.
China on right track to green steel: BHP
Mike Henry has defended the pace of China’s timelines for cutting steel emissions, saying the country should be viewed differently to Europe.
Original URL: https://www.theaustralian.com.au/topics/bhp-group-limited/page/10