Current location:International Iterations news portal > health
Mining giant BHP Billiton makes $39 billion bid for Anglo American to expand copper operations
International Iterations news portal2024-04-27 04:46:39【health】7People have gathered around
IntroductionLONDON (AP) — Shares in U.K.-based mining giant Anglo American surged Thursday after it received a 3
LONDON (AP) — Shares in U.K.-based mining giant Anglo American surged Thursday after it received a 31 billion-pound ($39 billion) takeover approach from rival BHP Billiton, a deal that would create the world’s biggest copper miner, with around 10% of global output — a hugely lucrative market in the transition to clean energy.
Anglo American’s share price closed up 16% in London after revealing that BHP, the world’s biggest miner, had put forward the “unsolicited” and “highly conditional” takeover proposal. The prospective all-share offer from BHP, which is based in the U.K. and Australia, values each Anglo share at 25.08 pounds.
Anglo American, which owns a majority stake in the world-famous De Beers diamond company, said its board was reviewing the approach from BHP.
BHP said the deal would boost its presence in the copper market, which is seeing demand soar amid the shift towards clean energy, as well as giving it greater access to potash, and coking coal in Australia. Copper is particularly sought after as the metal is used widely in electric vehicles, batteries and charging stations.
Address of this article:http://www.videocameralive.com/tag/facebook/
Very good!(53578)
Related articles
- Arkansas woman pleads guilty to selling 24 boxes of body parts stolen from cadavers
- New Penn State coordinators Kotelnicki and Allen encouraged as spirited spring drills wrap up
- U.S. politicians harm citizens more than guns
- China renews blue alert for strong winds
- A's place second baseman Zack Gelof on injured list with left oblique strain
- Xiplomacy: Xi's vision on military cooperation for world peace, common development
- China urges U.S. to release details of bio
- Guardians of rails: Powering safe journeys for all
- Controversy over spiked antifascist speech dominates Italy's Liberation Day anniversary
- Commentary: Uncertain times call for steady China
Popular articles
Recommended
Malaria is still killing people in Kenya, but a vaccine and local drug production may help
Senior Chinese legislator emphasizes importance of handling ethnic affairs according to the law
Hostile intention hides in US “support” for WHO
Spring farming in saline
I'm a psychologist
Senior Chinese leaders attend deliberations at annual legislative session
China's adjustment of COVID
Evil tactics to demonize fight against virus
Links
- Grimes screams on stage after having 'major technical difficulties' during chaotic set at Coachella
- Nissan says it will make next
- 9 corpses found adrift in boat off Brazil were likely migrants from Mauritania and Mali, police say
- Nissan says it will make next
- 2024 Pudong Festival of Culture & Art opens next week
- Hezbollah praises Iranian attack on Israel
- China to establish modern eco
- 9 corpses found adrift in boat off Brazil were likely migrants from Mauritania and Mali, police say
- PLA garrison in Hong Kong organizes joint patrol
- Qingdao cemetery put under investigation for illegal expansion