BHP Group Limited (BHP.AX)
| Previous close | 45.23 |
| Open | 43.60 |
| Bid | 43.32 x 68400 |
| Ask | 43.33 x 105900 |
| Day's range | 43.12 - 43.75 |
| 52-week range | 41.66 - 50.84 |
| Volume | |
| Avg. volume | 8,223,396 |
| Market cap | 219.441B |
| Beta (5Y monthly) | 0.86 |
| PE ratio (TTM) | 19.17 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 2.35 (5.19%) |
| Ex-dividend date | 07 Mar 2024 |
| 1y target est | N/A |
- Reuters
BHP shares fall 4% after making $39 billion bid for rival Anglo American
(Reuters) -BHP Group shares fell 4% on Friday in the first day of trading of its Australian-listed stock since revealing a $38.8 billion bid for smaller rival Anglo American in a deal that would forge the world's largest copper miner. "With concerns over China growth and softening commodities forecasts, the market is drawing the conclusion that this is a top of cycle deal and BHP is overpaying," said John Milroy, private wealth advisor at brokerage Ord Minnett, refering the share price fall. There is already early opposition from Anglo management which does not consider the offer as attractive enough, Reuters reported citing sources.
- Bloomberg
Anglo’s Stumbles Have Made It Prey for Mining’s Biggest Predator
(Bloomberg) -- When former boss Mark Cutifani left Anglo American Plc in mid-April 2022, things had rarely looked better for the century-old miner. Metals prices soared as the world emerged from lockdowns, the company had recently posted its best-ever annual profit and the popular industry veteran was handing over to a trusted lieutenant. Anglo stock hit a record the same day.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on
- Associated Press Finance
Mining giant BHP Billiton makes $39 billion bid for Anglo American to expand copper operations
Shares in U.K.-based mining giant Anglo American surged Thursday after it received a 31 billion-pound ($39 billion) takeover approach from rival BHP Billiton, a deal that would create the world’s biggest copper miner, with around 10% of global output — a hugely lucrative market in the transition to clean energy. Anglo American's share price closed up 16% in London after revealing that BHP, the world's biggest miner, had put forward the “unsolicited” and “highly conditional” takeover proposal. Anglo American, which owns a majority stake in the world-famous De Beers diamond company, said its board was reviewing the approach from BHP.
