Rumor has it that Anglo-American Resources is not satisfied with BHP Billiton (BHP.US)'s $39 billion offer, analysts are not optimistic

The Zhitong Finance App learned that two sources revealed that the management of Angloy.US (NGLOY.US) did not consider the $39 billion acquisition proposed by BHP.US (BHP.US) attractive. Some investors and analysts consider BHP Billiton's offer to be speculative. BHP Billiton proposed a purchase offer of £25.08 ($31.39) per share to Anglo-American Resources shareholders on Thursday, equivalent to US$38.8 billion, a 31% premium over Wednesday's closing price. BHP Billiton's proposal is conditional on Anglo-American Resources Group splitting the two assets first. Sources say the offer did not resolve Britain

Zhitong Finance10:57

State Street Corporation Ups Stake in Rio Tinto

TipRanks06:47

Rio Tinto Executives Increase Holdings via Dividend Reinvestment

TipRanks06:30

BHP's Anglo American Bet Shows It Needs to Keep Up -- Market Talk

0839 GMT - A big bet by BHP--such as its proposed takeover of Anglo American--seems inevitable given rival's Rio Tinto successful operational advances lately, Baader Helvea says. "BHP can't afford to

WSJApr 25 16:39

Rio Tinto Executives Invest in Company Shares

TipRanksApr 25 00:28

Rio Tinto Executives Acquire Shares Through Dividends

Rio Tinto (LSE:RIO) (GB:RIO) has released an update.

TipRanksApr 25 00:27