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ASX 200 slumps; Anglo rejects BHP bid; Farquhar to step down as Atlassian co-CEO

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 Billiton’s takeover bid for Anglo American is a focus for investors. Picture: Gaye Gerard/NCA NewsWire
BHP Billiton’s takeover bid for Anglo American is a focus for investors. Picture: Gaye Gerard/NCA NewsWire

Welcome to the Trading Day blog for Friday, April 26. The ASX 200 closed down 1.4 per cent to 7575.9 points. US stocks fell as data showing slower economic growth and persistent inflation reinforced expectations of a delay in Fed rate cuts. 

The Aussie dollar is trading around US65.39c.

Originally published as ASX 200 slumps; Anglo rejects BHP bid; Farquhar to step down as Atlassian co-CEO

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Original URL: https://www.thechronicle.com.au/business/live-asx-200-set-to-drop-farquhar-steps-down-as-atlassian-coceo-bhp-in-focus/live-coverage/cc814b165d419eda3461ca25f1132fa9