Anglo Rejects BHP Takeover Proposal as Significantly Undervalued
Anglo American Plc has rejected a $39 billion takeover proposal from BHP Group, saying it significantly undervalues the company.
Anglo American Plc has rejected a $39 billion takeover proposal from BHP Group, saying it significantly undervalues the company.
Chinese stocks listed in Hong Kong rallied for a fifth straight day, extending a rally that’s made them the world’s top performers in April, amid signs that investors are snapping up the nation’s cheap technology shares.
Qatar’s capital is aiming to become a culture hub—and boost its global image—with a host of museums, big-name exhibitions and rich collections of contemporary and Islamic works.
European and US equity futures climbed alongside Asian stocks Friday, while the yen weakened to a fresh 34-year low after the Bank of Japan kept its key interest rate unchanged.
CVC Capital Partners Plc shares climbed as much as 29% after the company and its investors raised €2 billion ($2.15 billion) in an initial public offering, bringing the long-delayed listing process for one of Europe’s marquee private equity firms to a resolution.
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