Likewise, after at least three offers from the Australian BHP, the British mining company Anglo American this Wednesday rejected its rival's request to extend talks on a possible multi-million dollar acquisition, the deadline for which ended today.
It could have been the biggest mining deal of the last decade, but it all came to nothing.
After at least three offers from the Australian BHP, the British mining company Anglo American on Wednesday rejected its rival's request to extend talks on a possible multi-million dollar acquisition, the deadline for which was today.
And now, it was BHP that closed the door on the British company: according to Bloomberg , it decided that it will not make any other offer and completely distanced itself from the idea of a merger.
Anglo American's rejection was decided before today's deadline.
The agreement proposed by the other party was valued at around 39,000 million pounds (US$ 49,813 million).
According to Agencia EFE , among the demands made by BHP was that Anglo American split off its two South African businesses, a demand that infuriated the Pretoria government and which Anglo firmly opposed.
The British mining company operates in Chile, South Africa, Brazil and Australia.
If an agreement had been reached, the Australian BHP would have had access to a greater amount of copper, one of the most coveted metals in the transition towards clean energy, whose price has risen in global markets by more than 15% so far this year. anus.
LONDON STOCK EXCHANGE CLOSES DOWN DUE TO MINING DECLINES
The London Stock Exchange fell 0.86% this Wednesday, weighed down by the losses of some companies in the mining sector, as well as the energy sector.
London's main index, the FTSE-100, fell 71.11 points to 8,183.07 units, while the secondary index, the FTSE-250, fell 1.30%, 268.93 points, to 20,436.34 integers.
Among the companies with red numbers today are the falls of the mining company Antofagasta, which lost 1.77%, while Anglo American fell 3.05%.
The British company's shares fell just after it announced that it had rejected BHP's request to extend talks on the aforementioned merger.
Among the rising companies were Shell, whose shares rose 0.76% and those of the insurance group Admiral (+0.63%), while those of the food group Associated British Foods advanced 0.98%.
