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By Felix Njini and Clara Denina
JOHANNESBURG/LONDON (Reuters) - BHP Group can't cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they stand to lose heavily by holding shares in South African subsidiaries.
The world's No. 1 miner is weighing up its next move after its initial $39 billion takeover proposal for smaller rival Anglo was rejected last week. The proposed premium was 31% on Anglo's implied value.
BHP has proposed that Angl...
>>> Read more: As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets
JOHANNESBURG/LONDON (Reuters) - BHP Group can't cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they stand to lose heavily by holding shares in South African subsidiaries.
The world's No. 1 miner is weighing up its next move after its initial $39 billion takeover proposal for smaller rival Anglo was rejected last week. The proposed premium was 31% on Anglo's implied value.
BHP has proposed that Angl...
>>> Read more: As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets
