Anglo shareholders willing to accept adjusted BHP proposal
A BUMP in price and revised structure will be enough to tip Anglo American shareholders into accepting BHP's takeover proposal, according to a report on...
Glencore says organic growth, buy-backs preferred to M&A
GLENCORE CEO Gary Nagle said this week the Swiss headquartered miner preferred to invest capital in organic growth and share buy-backs rather than M&A.
"If...
Anglo places freeze on new job hires
ANGLO American has suspended hiring globally as it gets plans under way to simplify itself, according to a report by Reuters.
Published in BusinessLive, the...
Wanblad’s new deal leaves Anglo future finely balanced
THREE weeks after rejecting the first of two takeover proposals from BHP, Anglo American has finally played its hand — proposing a restructuring that...
Wanblad labels BHP takeover pitch “disrespectful” to SA
DUNCAN Wanblad, CEO of Anglo American labelled BHP's two-step demerger and takeover proposal as "disrespectful" to South Africa, adding that his company's treatment of...
Anglo to cut ties with Amplats, De Beers in historic restructure
ANGLO American today announced a radical restructure – its most far-reaching in decades – in which it would demerge its 79% owned Anglo American...
Anglo to launch defence after “accelerating” strategic review
ANGLO American will on Tuesday unveil its eagerly anticipated defence against BHP's takeover proposals after saying today it had accelerated a strategic review.
"The board...
Anglo rejects improved all-share takeover proposal from BHP
BHP increased its all-share takeover proposal for Anglo American by offering 0.8132 shares for each Anglo share – an improvement that was today (May...
SA mines minister has no legal powers over Anglo takeover
THE moon is made of cheese. We all know this. Just like we know that the chairperson of the ANC, who moonlights occasionally as...
Pan African weighs R2bn Mintails extension as gold powers on
PAN African Resources said the improvement in the gold price would result in a doubling in returns for its R2.5bn Mintails project, due to...