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Elliott Management's $1B Anglo American Stake Ups Ante As Mining Megamerger Collapses
Activist investor Elliott Management has quietly built a $1 billion stake in Anglo American (OTCQX:NGLOY), adding pressure to the UK-listed mining giant after it became the target of a $39 billion takeover bid from BHP Group (NYSE:BHP). This development emerged after Anglo American's board rejected BHPâs offer, deeming it âhighly unattractiveâ due to its undervaluation of the companyâs pros...
>>> Read more: Elliott Management's $1B Anglo American Stake Ups Ante As Mining Megamerger Collapses
Activist investor Elliott Management has quietly built a $1 billion stake in Anglo American (OTCQX:NGLOY), adding pressure to the UK-listed mining giant after it became the target of a $39 billion takeover bid from BHP Group (NYSE:BHP). This development emerged after Anglo American's board rejected BHPâs offer, deeming it âhighly unattractiveâ due to its undervaluation of the companyâs pros...
>>> Read more: Elliott Management's $1B Anglo American Stake Ups Ante As Mining Megamerger Collapses
