Anglo American (GB:AAL) has released an update.
Anglo American PLC has confirmed receiving a preliminary and conditional merger proposal from BHP Group Limited, involving an all-share offer and demergers of Anglo American’s holdings in Anglo American Platinum Limited and Kumba Iron Ore Limited. The company’s board, with its advisers, is currently assessing this non-binding offer, and there is no certainty that any final offer will be made. Shareholders have been advised to hold off on taking any action until further announcements.
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