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Fly News Breaks for July 11, 2017
AMCRY, BHP
Jul 11, 2017 | 07:42 EDT
Bernstein analyst Paul Gait says that the record of BHP's (BHP) incoming chairman, Ken MacKenzie, suggests that he "is in a good position to effect change" at the mining company. The analyst believes that MacKenzie's influence could cause the company to divest its petroleum business, and he says that such a move would be positive.The incoming chairman "has a proven track record," as Amcor's (AMCRY) stock price rose 121% during his tenure as CEO there, the analyst stated. Gait keeps an Outperform rating on BHP.
News For BHP;AMCRY From the Last 2 Days
BHP
Apr 25, 2024 | 16:29 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
BHP
Apr 25, 2024 | 12:19 EDT
Anglo American (NGLOY) doesn't view BHP's (BHP) proposed $39B takeover bid as attractive, Reuters' Clara Denina, Amy-Jo Crowley and Anousha Sakoui report, citing two sources. According to one source, the offer does not address the complexities of demerging the Anglo American Platinum and Kumba Iron Ore businesses in South Africa. Anglo's board is expected to give a formal response in the coming days. Reference Link
BHP
Apr 25, 2024 | 07:54 EDT
BHP
Apr 25, 2024 | 06:10 EDT
BHP
Apr 24, 2024 | 17:24 EDT
BHP Group (BHP) is weighing a possible acquisition of Anglo American (NGLOY), Bloomberg's Crystal Tse, Dinesh Nair, and Thomas Biesheuvel report, citing people with knowledge of the matter. The company has recently been evaluating the possibility of an offer for Anglo American, the authors note. Reference Link
