Anglo American had previously dismissed BHP's all-share takeover proposal in April.
BHP maintains belief that a combination of both companies would deliver value to shareholders.
BHP's revised buyout offer of $42.67 billion was rejected by Anglo American on May 13, 2024.
In a major turn of events, BHP has announced that Anglo American has rejected its revised buyout offer worth $42.67 billion. This comes after Anglo American had previously dismissed BHP's all-share takeover proposal in April. The second offer from BHP was made on May 7, 2024, but was turned down by the Anglo American Board on May 13, 2024. Despite the rejection, BHP maintains its belief that a combination of both companies would deliver significant value to their respective shareholders. The news has sparked discussions about Anglo American's plans for survival and acceleration of its turnaround plan as pressure from shareholders mounts for a more compelling vision. Anglo American is expected to address this on Tuesday.
90%
No Doubts Found At Time Of Publication
95%
What's This
The overall score is a weighted
number that takes
into
account conflict of interest, bias, deception and other practices that undermine
the
credibility of the source. It is calculated as:
(Site Conflicts Of Interest +
Author Conflicts Of Interest) / 2.0 * 0.2 +
ArticleBiasScore * 0.20 +
UniquePointsScore * 0.05 +
DeceptionScore * 0.20 +
ReadabilityScore * 0.05 +
FallacyScore * 0.20
Readability
0%
A score that takes into
consideration the content
for
flow,
interruptions with ads, and overt search engine optimization techniques that
makes
the
content hard to understand
Unique
Points
Anglo American has rejected an improved £34bn offer from BHP
Accuracy Deception
(100%)
Fallacies
(100%)
Bias
(100%)
Site
Conflicts
Of
Interest (100%)
Author
Conflicts
Of
Interest (0%)
98%
What's This
The overall score is a weighted
number that takes
into
account conflict of interest, bias, deception and other practices that undermine
the
credibility of the source. It is calculated as:
(Site Conflicts Of Interest +
Author Conflicts Of Interest) / 2.0 * 0.2 +
ArticleBiasScore * 0.20 +
UniquePointsScore * 0.05 +
DeceptionScore * 0.20 +
ReadabilityScore * 0.05 +
FallacyScore * 0.20
Readability
95%
A score that takes into
consideration the content
for
flow,
interruptions with ads, and overt search engine optimization techniques that
makes
the
content hard to understand
Unique
Points
Anglo American rejected a second approach from BHP with a valuation of $43 billion Pressure is building on Anglo American to present a compelling vision for survival as shareholders demand acceleration of turnaround plan Anglo shareholders are demanding the company explain how it will create more value than by selling to BHP
Accuracy Anglo American has rejected an improved £34bn offer from BHP BHP made a revised buyout offer to Anglo American for £34 billion ($42.67 billion) Deception
(100%)
Fallacies
(100%)
Bias
(100%)
Site
Conflicts
Of
Interest (100%)
Author
Conflicts
Of
Interest (100%)
99%
What's This
The overall score is a weighted
number that takes
into
account conflict of interest, bias, deception and other practices that undermine
the
credibility of the source. It is calculated as:
(Site Conflicts Of Interest +
Author Conflicts Of Interest) / 2.0 * 0.2 +
ArticleBiasScore * 0.20 +
UniquePointsScore * 0.05 +
DeceptionScore * 0.20 +
ReadabilityScore * 0.05 +
FallacyScore * 0.20
Readability
85%
A score that takes into
consideration the content
for
flow,
interruptions with ads, and overt search engine optimization techniques that
makes
the
content hard to understand
Unique
Points
BHP made a second takeover offer for Anglo American on May 7, 2024 Anglo American rejected BHP’s second offer on May 13, 2024 BHP values Anglo American at £34bn in its new proposal Anglo American’s shares were surging around £28 before the deal came to light
Accuracy Deception
(100%)
Fallacies
(100%)
Bias
(100%)
Site
Conflicts
Of
Interest (100%)
Author
Conflicts
Of
Interest (100%)
100%
What's This
The overall score is a weighted
number that takes
into
account conflict of interest, bias, deception and other practices that undermine
the
credibility of the source. It is calculated as:
(Site Conflicts Of Interest +
Author Conflicts Of Interest) / 2.0 * 0.2 +
ArticleBiasScore * 0.20 +
UniquePointsScore * 0.05 +
DeceptionScore * 0.20 +
ReadabilityScore * 0.05 +
FallacyScore * 0.20
Readability
100%
A score that takes into
consideration the content
for
flow,
interruptions with ads, and overt search engine optimization techniques that
makes
the
content hard to understand
Unique
Points
BHP made a revised buyout offer to Anglo American for 34 billion pounds ($42.67 billion) Anglo American rejected BHP’s previous all-share takeover proposal in April BHP is disappointed that Anglo American did not engage with them regarding the revised proposal BHP believes a combination of the two companies would deliver value to shareholders
Accuracy Deception
(100%)
Fallacies
(100%)
Bias
(100%)
Site
Conflicts
Of
Interest (100%)
Author
Conflicts
Of
Interest (0%)
