Anglo American PLC

Anglo American Plc is a mining company, which engages in the exploration and mining of precious base metals and ferrous metals. The company operates through the following segments: De Beers, Copper, Platinum Group Metals, Iron Ore, Coal, Nickel and Manganese, and Corporate and Other. The company was founded by Ernest Oppenheimer in 1917 and is headquartered in London, the United Kingdom.

BHP Billiton

Anglo American AAL, -2.01% said it's received, and rejected, a third conditional offer from BHP Group BHP, -2.29%. The latest terms are 0.8860 BHP shares as well as the demerger of its stakes in Anglo American Platinum and Kumba Iron Ore, which collectively would value it at £29.34 per share using April 23 prices.

Anglo American says it's received and rejected a third BHP offer

Anglo American on Wednesday rejected a takeover proposal from BHP Group that valued the company at 29.34 pounds per share.

Anglo American rejects 29.34 pounds per share proposal from BHP

Anglo American, the $30.7 billion British multinational mining company, just announced plans to divest De Beers, its diamond mining and jewelry subsidiary. Ango American holds an 85% interest in De Beers and the government of Botswana owns the minority share.

De Beers Is Eager To Go It Alone As Anglo American Divests Its Diamond Holdings

JP Morgan has increased its fair value estimate for Anglo American PLC (LSE:AAL)'s copper division by 25%, now valuing it at £21 billion ($27 billion). This revision follows an in-depth review of production, costs, and capital expenditure projections extending to 2070.

Anglo American's copper business receives boost from Wall Street giant

Anglo American has frozen hiring globally after its pledge this week to simplify the miner that is the target of a $43 billion bid by Australia's BHP , according to an internal memo issued by Anglo and seen by Reuters.

Anglo American freezes hiring globally after pledge to simplify company, document shows

Anglo American PLC (LSE:AAL)'s radical overhaul plan has been largely positive, though it is fraught with 'execution risk', according City analysts. Reacting to two bid approaches from rival BHP Ltd worth an estimated £34 billion, Anglo's strategy focuses on three core divisions: copper, iron ore, and fertiliser.

Anglo American overhaul not risk-free, but should drive value, say analysts

BHP Group's options for its pursuit of rival miner Anglo American include sweetening its $42.7 billion buyout offer, making a hostile bid or walking away for now as it approaches a May 22 deadline to lodge a binding offer.

BHP's options for Anglo American deal narrow as deadline looms

Australia's mining and energy union will seek urgent meetings with Anglo American to discuss workers' job security after the London-listed miner announced plans to sell its five coal mines in Queensland, the trade union said on Wednesday.

Australian mining union seeks meeting with Anglo American over workers' job security

Anglo American's plan to sell off assets and strengthen its balance sheet would likely make it an even more attractive acquisition.

Breaking Up Anglo American Now Could Mean Merging It Later

Anglo American is planning to split up and sell several assets after rejecting a sweetened $43 billion offer by rival mining giant BHP Group (BHP) in a break-up plan Chief Executive Officer (CEO) Duncan Wanblad called its most “radical” shakeup in decades.

Anglo American Plans Breakup After Rejecting BHP's $43B Bid

The miner outlined a turnaround effort that sharpens its focus on copper after turning down a sweetened takeover offer.

Anglo American Plots Breakup After Rejecting $43 Billion BHP Bid

Major restructuring plans unveiled by Anglo American PLC (LSE:AAL) today do not seem to have overly impressed investors, with the shares falling 1%. A day after rejecting a second £34 billion approach from larger Aussie rival BHP, the FTSE 100 listed mining group said it would sell its coking coal unit, emerge or divest De Beers and Anglo Platinum, put nickel on care and maintenance or divest it.

Anglo American 'nuclear option' gets mixed reaction from analysts

UK mining company reveals break-up plan in bid to avoid takeover by Australia-based BHP

Anglo American to sell famous diamond business De Beers in break-up plan

Anglo American shares fell over 3% early Tuesday after it announced plans to spin off its highly prized De Beers diamond business.

Diamond giant De Beers faces spin-off amid wider restructuring as Anglo American takeover pressure mounts

All roads lead to Miami this week for the next round in a heavyweight corporate brawl which has pitted BHP, the world's biggest mining company, against Anglo American, a former champion.

Miami's $44 Billion Mining Slugfest Pits BHP Against Anglo American

After rebuffing a second bid from BHP yesterday, Anglo American PLC (LSE:AAL) set out plans for a major restructuring of its portfolio and strategy, including selling off its De Beers diamond business and other units. The FTSE 100 company said it would divest its steelmaking coal business, "responding to strong buyer interest"; demerge De Beers and Anglo American Platinum "in a responsible and orderly way", and look at options for care and maintenance or divestment of the nickel unit.

Anglo American to sell off De Beers, platinum and coal units in major shake-up

Anglo American on Tuesday said it would exit the coal, platinum and diamonds business as it fends off a takeover approach from BHP.

Anglo American to exit diamond, platinum and coal mining as it fights BHP bid

Anglo American laid out a strategy update on Tuesday that includes exploring options for its steelmaking coal, nickel and platinum businesses, in an effort to fend off a takeover bid from the world's largest miner BHP Group.

Anglo American eyes offloading steelmaking coal, nickel, diamonds

BHP Group is likely to sweeten its $43 billion takeover offer for Anglo American for a second time and possibly add cash, investors in both companies said on Tuesday, after the London-headquartered target rejected a higher bid.

Investors expect BHP to lift Anglo American offer again

The approach by the Australian mining company shows an eagerness to boost exposure to copper at a time when demand for the metal is expected to rise.

Anglo Rejects BHP's Fresh $43 Billion Bid

BHP Group said Monday that Anglo American rejected a revised takeover offer that would value the British miner at $42.6 billion (£34 billion).

BHP says Anglo American has rejected a revised $42.6 billion takeover offer

The mining company raised its first offer after Anglo American said it "significantly undervalues" it.

BHP Is Rejected Again in Bid for Anglo American. The Offer Still Isn't Good Enough.

BHP Group Ltd (LSE:BHP, ASX:BHP) confirmed it has seen a second bid approach rebuffed by rival Anglo American PLC (LSE:AAL). While adding up to the same headline value - around £34 billion - and still requiring a slew of disposals, the transaction was structured to give Anglo investors a bigger stake in the enlarged business; around 16.6%, up two percentage points.

Anglo American rebuffs second bid approach from BHP

BHP Group said on Monday that Anglo American had rejected a revised buyout offer.

BHP says Anglo American rejected revised proposal

Rio Tinto plc Sponsored

Rio Tinto Ltd (ASX: RIO) should not compete with BHP Group Ltd (ASX: BHP) to take over Anglo American plc (LON: AAL), says Daniel Sullivan. He's a portfolio manager at Janus Henderson Investors.

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