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Investing.com -- Shares in BHP Group (ASX:BHP) reached a three-month high in Australian trading on Tuesday as the deadline approached for the world's largest miner to sumbit a new formal bid for rival Anglo American (JO:AGLJ).
Analysts cited by Reuters said that BHP shares have been boosted in part by growing predictions that the company will not make another offer for Anglo. Surging copper prices and fresh stimulus for China's ailing property sector were also seen as a catalysts for the stock....
>>> Read more: Shares in BHP touch three-month high as deadline for Anglo bid nears
Analysts cited by Reuters said that BHP shares have been boosted in part by growing predictions that the company will not make another offer for Anglo. Surging copper prices and fresh stimulus for China's ailing property sector were also seen as a catalysts for the stock....
>>> Read more: Shares in BHP touch three-month high as deadline for Anglo bid nears
