Previous close | 2,311.00 |
Open | 2,284.00 |
Bid | 2,241.00 x 0 |
Ask | 2,243.00 x 0 |
Day's range | 2,232.00 - 2,295.00 |
52-week range | 2,157.00 - 2,707.50 |
Volume | |
Avg. volume | 1,893,289 |
Market cap | 116.294B |
Beta (5Y monthly) | 0.86 |
PE ratio (TTM) | 19.23 |
EPS (TTM) | 1.17 |
Earnings date | N/A |
Forward dividend & yield | 1.20 (5.21%) |
Ex-dividend date | 07 Mar 2024 |
1y target est | 29.79 |
Activist investor Elliott Management has quietly built a $1 billion stake in Anglo American (OTCQX:NGLOY), adding pressure to the UK-listed mining giant after it became the target of a $39 billion takeover bid from BHP Group (NYSE:BHP). This development emerged after Anglo American's board rejected BHP’s offer, deeming it “highly unattractive” due to its undervaluation of the company’s prospects and its complex structure. According to Bloomberg, Elliott Management, led by billionaire Paul Singer
Elliott Investment Management has amassed a roughly $1 billion stake in Anglo American Plc, adding another twist to the drama sparked by BHP Group's unsolicited takeover approach for the mining company, Bloomberg's Crystal Tse tells Sonali Basak on ``Bloomberg Markets.''
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