May 1, 10:40 AM

Analysts: Anglo American Bid Should Exceed £30/Share, Surpassing BHP Offer Amid China's Opposition, $2B Tax Bill

Analysts and traders suggest that a takeover bid for Anglo American should exceed £30 per share, surpassing BHP's recent offer. China's potential opposition, a $2 billion tax bill from demerging South African units, and the impact on bid premiums are key factors in the potential deal.

#Anglo American #BHP #China #South African

Written with ChatGPT (GPT-3).

Sources

Reuters Business@ReutersBiz
1 year ago
Breakingviews - Clash of the mining titans will get more bruising: podcast https://t.co/55RiIelwpI https://t.co/55RiIelwpI
Bloomberg@business
1 year ago
China’s largest metals companies, including its state iron ore buyer, are considering their next steps following BHP’s blockbuster $39 billion approach for rival Anglo American https://t.co/hp5IJyNfgs
Reuters@Reuters
1 year ago
From Breakingviews - Breakingviews - Clash of the mining titans will get more bruising: podcast https://t.co/AYtqj65EET https://t.co/AYtqj65EET

Analysts: Anglo American Bid Should Exceed £30/Share, Surpassing BHP Offer Amid China's Opposition, $2B Tax Bill

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