JPMorgan Says BHP Plan Risks $4.3 Billion South Africa Outflow

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Canada Headlines News

Canada Latest News,Canada Headlines

A successful takeover of Anglo American Plc under the arrangements BHP Group has offered could lead to outflows of $4.3 billion from South Africa, according to a JPMorgan Chase & Co. analysis.

JPMorgan Says BHP Plan Risks $4.

10 Years On, Walls Are Going UpUkraine Claims Second Hit on Russian Missile Early-Warning RadarGhana Keeps Rate Steady at 29% to Support Plunging CediVedanta Is Said to Weigh $1 Billion Share Sale as Soon as JuneTyphoon Kills Three in Philippines, Is Headed to JapanChina’s Second-Biggest Automaker Is Part of New Egyptian EV PushAdani Flagship, Energy Unit Seek Board Nod to Raise $2 BillionImmigration and pent-up demand drive growing car sales in CanadaGoldman pushes first Fed rate cut call to...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa Minister Warms to Anglo Plan After Opposing BHP BidSouth Africa’s mines minister struck a conciliatory tone as Anglo American Plc announced plans to separate its platinum unit as part of a major shakeup following its rejection of two approaches from BHP Group.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

BHP CEO Flies to South Africa to Push $39 Billion Takeover(Bloomberg) -- BHP Group Ltd. has deployed a senior team including its chief executive officer to South Africa as the world’s largest miner ramps up efforts ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

BHP Woos South Africa in Pursuit of $39 Billion Anglo TakeoverBHP Group Ltd. has deployed a team of senior executives to South Africa as the world’s largest miner ramps up efforts to win over government officials, regulators and local shareholders, all of whom could yet determine the outcome of its proposed tie-up with rival Anglo American Plc.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

BHP Has a Week to Convince Anglo Its South African Plan Can WorkBHP Group just won an extra week to convince Anglo American Plc on its $49 billion takeover plan. But the world’s biggest miner still must resolve the deal’s most intractable obstacle: What to do about South Africa?
Source: BNNBloomberg - 🏆 83. / 50 Read more »

South African Unions Urge Anglo Holders To Reject BHP Bid(Bloomberg) -- South Africa’s biggest labor union federation urged local shareholders, including the powerful Public Investment Corp., to oppose BHP Group...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

BHP insists Anglo American’s South African assets must go in any takeover, sources sayThe ‘Big Australian’ was rebuffed by its smaller rival on April 26 after submitting a $39-billion takeover proposal
Source: globeandmail - 🏆 5. / 92 Read more »