Anglo Rejects BHP Takeover Proposal as Significantly Undervalued
Anglo American Plc has rejected a $39 billion takeover proposal from BHP Group because it “significantly undervalues” the company and its future prospects.
Anglo American Plc has rejected a $39 billion takeover proposal from BHP Group because it “significantly undervalues” the company and its future prospects.
The Bank of Japan held interest rates steady and simplified its language on bond-buying and policy, an outcome that pushed the yen down to a fresh 34-year low.
Namibia’s oil potential could one day match Guyana, where big discoveries have sparked an economic transformation and set the world’s biggest companies jostling for position.
A tumble in Treasuries has led to a global selloff, as evidence of sticky US price pressures casts doubt on the Federal Reserve’s ability to start lowering interest rates later this year.
Chinese stocks listed in Hong Kong are poised for their best week versus mainland peers in more than two years amid signs that investors are snapping up cheap shares of major technology companies.
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