Anglo American's Bold Restructuring Plan in Response to BHP's £34 Billion Takeover Bid
Anglo American has announced a bold restructuring plan aimed at countering a £34 billion takeover bid from BHP. The strategy involves focusing on key sectors like copper, iron ore, and crop nutrients while divesting from other business units. The market's reaction has been mixed, with shares initially dipping but showing growth over the past month.
15 May 2024
Business