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.
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.
Physical crude oil flows in pipelines across the US are flat compared with last year, underscoring estimates that oil production will grow little in 2024, according to research firm Wood Mackenzie Ltd.
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