Miner to sell or demerge De Beers diamond unit, Amplats operation and coking coal assets
The fact that the mining group has finally moved to clean up its messy structure has to be a good thing
Australian miner increases all-share proposal by 15% but board of UK-listed target says it is still ‘highly unattractive’
Miner could restructure itself and reap potential rewards without the overhang of Australian rival’s deal
BHP signals determination to shift its portfolio decisively away from steel-making commodities
Stance defies government hostility to plan that would break up national champion
The company requires a new plan to create value from the troubled mining house
Journey from industrial behemoth to takeover target reflects country’s decline as a mining powerhouse
Amid BHP approach for Anglo, prolific dealmaker says consolidation does not guarantee more production
South Africa’s ruling party berates big business one minute and urges it to invest the next
Country’s independent Competition Commission vows to assess any takeover on ‘public interest’ grounds
Statement comes as the Australian miner’s chief executive visits country after political backlash
New mines are needed to meet the world’s demand for the essential red metal
Mike Henry has positioned world’s largest miner for a big deal and was prepared for initial rejection by UK-listed target
As building mines gets harder, the time needed to produce cash flows is daunting
The UK-listed miner has rejected an approach from BHP, but other bidders could emerge
Company’s exit would deal another blow to City’s status as home to listed mining groups
The 107-year-old South African mining group, long resistant to change, has now rejected a takeover offer from BHP
UK-listed company says Australian miner’s takeover approach ‘significantly undervalues’ it
Also in this newsletter: US inflation higher than expected, panic on Wall Street, science round-up
BHP, whose £31bn bid for Anglo has been rejected, faces fraught politics and complicated history in the country
Plus, Wall Street grapples with a non-compete ban and Rich Handler buys his client’s yacht
Legal & General and Abrdn criticise offer as undervaluing UK-listed miner
Anglo has rejected a £31bn deal that would be the biggest in the mining sector on record but faces many hurdles
Any deal would need South African government’s approval while cost savings are another issue
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