Previous close | 24.50 |
Open | 24.70 |
Bid | 27.90 |
Ask | 32.20 |
Strike | 90.00 |
Expiry date | 2024-05-17 |
Day's range | 24.40 - 24.70 |
Contract range | N/A |
Volume | |
Open interest | 850 |
Australian firm says £31.11 a share is its final offer, but FTSE 100 miner agrees to enter talks with larger rival
BHP has tabled a final £38bn offer for London-listed rival Anglo American as a deadline on a potential takeover closes this afternoon.
LONDON (Reuters) -Anglo American has agreed to a one-week extension for BHP Group to make a binding takeover offer, it said on Wednesday, after rejecting a third proposal from its rival that valued it at 38.6 billion pounds ($49.18 billion). BHP, the world's biggest listed mining group, has now made three unsuccessful offers in a month for Anglo, which has itself outlined a plan to divest its less profitable coal, nickel, diamond and platinum businesses. The structure of any deal and the fate of Anglo's businesses in South Africa remain big obstacles, with Anglo chairman Stuart Chambers highlighting concerns about completion and execution risks in BHP's proposal.