Activist Elliott Builds $1 Billion Anglo American Stake
Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc, the UK-listed miner that’s received an unsolicited takeover approach from Australia’s BHP Group Ltd.
Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc, the UK-listed miner that’s received an unsolicited takeover approach from Australia’s BHP Group Ltd.
International Business Machines Corp. will expand its Canadian semiconductor packaging and testing plant with more than C$1 billion ($730 million) in investments over the next five years.
A closed-end fund that holds shares of private technology firms like Elon Musk’s SpaceX, OpenAI and Epic Games Inc. has been mostly defying gravity since its debut a month ago, until now.
Lawmakers in Guinea’s transition administration approved an agreement signed last year between the government and West Africa LNG Group, meaning a potential $3 billion investment in liquefied natural gas import infrastructure.
IAG SA’s €400 million ($428 million) takeover of Air Europa risks being derailed for a second time, unless the firms fix a list of anticompetitive concerns handed down by European Union regulators.
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