BHP Group (BHP) has released an update.
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BHP Group Ltd has submitted a final revised all-share offer for Anglo American plc, proposing a significant increase from their first proposal. Shareholders of Anglo American would receive 0.8860 BHP shares for each of their shares, owning approximately 17.8% of the combined entity, valued at £31.11 per Anglo American share based on recent closing prices. This proposal, representing a 47% premium over the undisturbed share price, is subject to due diligence and regulatory approvals.
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