Anglo American PLC

Anglo American Plc is a mining company, which engages in the exploration and mining of precious base metals and ferrous metals. The company operates through the following segments: De Beers, Copper, Platinum Group Metals, Iron Ore, Coal, Nickel and Manganese, and Corporate and Other. The company was founded by Ernest Oppenheimer in 1917 and is headquartered in London, the United Kingdom.

BHP Billiton

The world's most valuable mining company couldn't persuade Anglo American to sell, but the story doesn't end here.

BHP-Anglo Deal Is Off---the Mining Land Grab Is Still On

The Australian listed shares of BHP Group dipped 0.7% on Thursday, after the mining giant walked away from its $49 billion plan to take over rival Anglo American , ending for now its six-week pursuit.

BHP shares open slightly lower after walking away from $49 bln Anglo takeover deal

Anglo American rejected Australian mining giant BHP's plea to extend their $50 billion takeover talks.

BHP Abandons $50 Billion Anglo American Deal

BHP Group said on Wednesday it did not intend to make a formal offer for Anglo American , walking away from its $49 billion takeover deal, after the London-listed rival refused to extend the bid deadline.

BHP walks away from $49 billion takeover offer for Anglo American

BHP Group Ltd (LSE:BHP, ASX:BHP) decided to ditch its takeover offer for Anglo American PLC after it turned down a request for more time.  The deadline for the Australian mining giant to make a firm offer or walk away was 5pm today, and it chose the latter.

BHP walks away from Anglo American talks

Takeover talks between two of the world's largest mining companies appear to be over for now as Anglo American said that it will not provide BHP Group (BHP) with another extension to address issues with the latest offer it rejected last week, meaning the companies' negotiation deadline is Wednesday afternoon.

Anglo American Denies BHP Request to Extend Deadline Over $50B Offer

Anglo American shares AAL, +0.45% slipped in London trade, after the metals producer said it doesn't support BHP Group's BHP, +2.10% request to extend takeover talks deadline. BHP has until 5 p.m.

Anglo American shares slip as firm doesn't want to give BHP more time for deal

Anglo American on Wednesday rejected BHP Group's last-ditch request for more time to discuss a $49 billion takeover offer, dismissing it as highly complex and ending a five-week pursuit by the bigger rival.

Anglo American rejects BHP's last-ditch attempt to continue takeover talks

Anglo American PLC (LSE:AAL) suitor BHP Group Ltd (LSE:BHP, ASX:BHP) has requested an extension to its 'put up or shut up' takeover deadline as it offered new concessions, including a potential 'reverse break fee', and wants to continue talks. Last week Anglo and BHP agreed on an extension to the deadline for BHP to make an offer to 29 May.

BHP wants bid deadline extension after offering 'socio-economic concessions'

BHP Group on Wednesday requested an extension to talks with takeover target Anglo American as the deadline for discussions looms.

BHP Group wants extension to $49 billion Anglo American takeover talks as deadline looms

BHP Group said on Wednesday it had proposed a range of socioeconomic measures to address the concerns of Anglo American over its 38.6 billion pounds ($49.20 billion) offer, and that it believes it needs more time to further engage on its proposal.

BHP proposes socioeconomic measures to ease Anglo American's concerns over $49 bln bid

Shares of Australia's BHP Group fell over 3% on Thursday, a day after smaller rival Anglo American rejected its third takeover proposal and agreed to a one-week extension for the deadline to make a binding offer.

BHP shares fall after Anglo American rejects third proposal, extends bid deadline

Anglo American has agreed to enter takeover talks with rival BHP after it rebuffed an improved proposal of around $50 billion, clearing a path for what would be the largest-ever mining deal.

Anglo American to Enter Talks With BHP After Rejecting $50 Billion Bid

Anglo American PLC (LSE:AAL) has rejected a "third and final" offer from BHP Group Ltd (LSE:BHP, ASX:BHP) but the bid deadline has been extended by a week as the pair are in talks.  The board of the FTSE 100-listed miner said they received a third "highly conditional" takeover proposal from BHP on Monday.

Anglo American rejects 'third and final' BHP bid but talks continue

Anglo American rejected a third takeover proposal from rival BHP Group on Wednesday, as the companies agreed to extend talks deadline by one week.

Miner Anglo American rejects third takeover offer from rival BHP Group as talks deadline extended

Anglo American AAL, -2.01% said it's received, and rejected, a third conditional offer from BHP Group BHP, -2.29%. The latest terms are 0.8860 BHP shares as well as the demerger of its stakes in Anglo American Platinum and Kumba Iron Ore, which collectively would value it at £29.34 per share using April 23 prices.

Anglo American says it's received and rejected a third BHP offer

Anglo American on Wednesday rejected a takeover proposal from BHP Group that valued the company at 29.34 pounds per share.

Anglo American rejects 29.34 pounds per share proposal from BHP

Anglo American, the $30.7 billion British multinational mining company, just announced plans to divest De Beers, its diamond mining and jewelry subsidiary. Ango American holds an 85% interest in De Beers and the government of Botswana owns the minority share.

De Beers Is Eager To Go It Alone As Anglo American Divests Its Diamond Holdings

JP Morgan has increased its fair value estimate for Anglo American PLC (LSE:AAL)'s copper division by 25%, now valuing it at £21 billion ($27 billion). This revision follows an in-depth review of production, costs, and capital expenditure projections extending to 2070.

Anglo American's copper business receives boost from Wall Street giant

Anglo American has frozen hiring globally after its pledge this week to simplify the miner that is the target of a $43 billion bid by Australia's BHP , according to an internal memo issued by Anglo and seen by Reuters.

Anglo American freezes hiring globally after pledge to simplify company, document shows

Anglo American PLC (LSE:AAL)'s radical overhaul plan has been largely positive, though it is fraught with 'execution risk', according City analysts. Reacting to two bid approaches from rival BHP Ltd worth an estimated £34 billion, Anglo's strategy focuses on three core divisions: copper, iron ore, and fertiliser.

Anglo American overhaul not risk-free, but should drive value, say analysts

BHP Group's options for its pursuit of rival miner Anglo American include sweetening its $42.7 billion buyout offer, making a hostile bid or walking away for now as it approaches a May 22 deadline to lodge a binding offer.

BHP's options for Anglo American deal narrow as deadline looms

Australia's mining and energy union will seek urgent meetings with Anglo American to discuss workers' job security after the London-listed miner announced plans to sell its five coal mines in Queensland, the trade union said on Wednesday.

Australian mining union seeks meeting with Anglo American over workers' job security

Anglo American's plan to sell off assets and strengthen its balance sheet would likely make it an even more attractive acquisition.

Breaking Up Anglo American Now Could Mean Merging It Later

Anglo American is planning to split up and sell several assets after rejecting a sweetened $43 billion offer by rival mining giant BHP Group (BHP) in a break-up plan Chief Executive Officer (CEO) Duncan Wanblad called its most “radical” shakeup in decades.

News for Anglo American PLC Stock (NGLOY)