BHP Group said it made an offer to buy London-listed miner Anglo American, valuing its share capital at 31.1 billion pounds ($38.84 billion), a deal that would create the world's biggest copper miner with around 10% of global output. BHP, the world's largest listed miner, will offer Anglo American shareholders 25.08 pounds per share, including 4.86 pounds apiece in Anglo Platinum shares and 3.40 apiece in Kumba shares, it said in a statement on Thursday. Anglo American earlier in the day said it had received an unsolicited, non-binding and highly conditional combination proposal from BHP, which it was currently reviewing.
Blue Tower Asset Management, an asset management company, released its first quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned 13.78% net in the first quarter exceeding the broad market index’s gain so far this year. In addition, please check the fund’s top five holdings to know its […]
The Wests Tigers have their man.