BHP May 2024 52.500 put
| Previous close | 0.0400 |
| Open | 0.0500 |
| Bid | 0.0000 |
| Ask | 0.5000 |
| Strike | 52.50 |
| Expiry date | 2024-05-17 |
| Day's range | 0.0500 - 0.0500 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.52k |
The GuardianAnglo American rejects third and ‘final’ BHP takeover approach
Australian firm’s latest unsuccessful bid values rival at £38.6bn with an offer of £31.11 a share
CityAMAnglo American rejects new £39bn BHP bid but parties seek deal resolution in the ‘next seven days’
BHP has tabled a final £38bn offer for London-listed rival Anglo American as a deadline on a potential takeover closes this afternoon.
ReutersAnglo rejects BHP's third offer, but leaves door open to engage with rival
LONDON (Reuters) -Anglo American on Wednesday rejected a third takeover proposal from BHP Group that valued the company at 38.6 billion pounds ($49.18 billion), but agreed to a one-week extension for its rival to table a binding offer. The move marks the third unsuccessful offer in a month from BHP, the world's biggest listed mining group, as Anglo works on a radical plan to divest its less profitable coal, nickel, diamond and platinum businesses. The 29.34 pounds per share approach, based on undisturbed share prices at market close on April 23 and raised from an initial 25.08 pounds, is still conditional on Anglo un-bundling its platinum and iron ore assets in South Africa, the country where it was founded and has deep roots, employing more than 40,000 people.
