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...BHP, the world’s biggest mining group with a market capitalisation of A$229bn (US$149bn), is seeking to use an all-stock takeover of Anglo American to expand its portfolio of copper mines, according to people...
...Investors believe mining company Anglo American is set to be bought or broken up even after the 107-year-old London-listed group rejected a £31bn hostile takeover approach from Australian rival BHP....
...However, the fast-fashion group filed paperwork with the SEC to list in the US at the end of last year, where it expects to fetch a higher valuation than in the UK....
...The group still owns a wine estate, Vergelegen, in the hills of the Western Cape outside Cape Town....
...Why does BHP want to own Anglo American? It doesn’t, it wants to own some of Anglo American, specifically the bits that don’t need fixing....
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...“It’s almost like having that little taste of an American dream from the comfort of your own home.”...
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...Harlan UllmanFormer Commander, Swift Boats in combat in Vietnam 1965-67Senior Advisor, Atlantic Council, Washington, DC, US...
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