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Glencore (LON:GLEN) Eyes an Anglo American (LON:AAL) Takeover Bid, Sparking Potential Bidding War
04 May 2024 01:16 GMT
… acquisitions.
Commodities giant Glencore is also reportedly considering … mining company.
Discussions within Glencore are in preliminary stages … earlier this year.
Glencore’s Concurrent Acquisition, … in 2015, but Glencore maintains coal and chrome operations …
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Glencore plotting a takeover offer for Anglo American that would spark a bidding war with rival BHP
03 May 2024 21:12 GMT
… to the polls this month.
Glencore is holding preliminary, internal … supplies.'
Anglo and Glencore each own 44 per cent … platinum, iron ore, steelmaking coal, diamonds and a fertiliser project … '.
A deal with Glencore could face less opposition in …
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Glencore-Anglo American Tie-Up Makes More Sense Than BHP Offer, Analyst Says
03 May 2024 17:57 GMT
… , Reuters reported that Glencore, which is based … coal assets," Calero said.
In Chile:
Anglo and Glencore … Glencore holding the same percentage.
In Australia, all three companies have coal … assets in Queensland.
RBC estimates that a combined Glencore …
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Potential Bidding War Emerges For Anglo American As Glencore Considers Offer
03 May 2024 13:26 GMT
… by Reuters, discussions within Glencore are internal and preliminary at … this stage.
With Glencore potentially entering the race and … the green transition.
Furthermore, Glencore already co-owns the Collahuasi … of Teck's coal assets, adding a layer …
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Glencore said to be weighing up Anglo bid options
03 May 2024 09:26 GMT
… with BHP.
Reuters reported that Glencore had held preliminary discussions, citing … as whether to retain its coal assets rather than demerge them … initially planned.
It bought the coal mines of Teck with a … saw is that it dumped coal and then created a small …
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Exclusive-Glencore studying an approach for Anglo American, sources say
02 May 2024 20:41 GMT
… (Reuters) – Commodities group Glencore is studying an approach for … rumour or speculation,” a Glencore spokesperson said.
Anglo on … opportunity for synergies.”
Glencore owns coal and chrome assets in … South Africa.
“Unlike BHP, Glencore …
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Glencore’s ferrochrome output dips as it idles Rustenburg smelter
02 May 2024 12:40 GMT
… the quarter to March, Glencore’s attributable ferrochrome production … In terms of thermal coal, Glencore’s production of the … year earlier same period.
Glencore is, nonetheless, maintaining its … “total proceeds received by Glencore, including the settlement of …
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Glencore foresees trading earnings surge to $4.08b-$4.76b
02 May 2024 09:59 GMT
… gains from higher interest rates.
Glencore expects its trading division to … and 1.2m tonnes, and coal between 105,000 and 115 … to 297,000 tonnes, and coal was at 26.6 million …
“First quarter copper, zinc and coal production were broadly in line …
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Glencore copper shines like gold
01 May 2024 23:18 GMT
… has created favourable conditions for Glencore’s copper increase.
In 2023 … for the year.
Zinc and coal production was broadly in line … nickel increased 14 per cent.
Glencore’s 23,800t nickel production … .
When it came to Glencore’s outlook for the year …
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Glencore on a high amid Anglo American bid talk
30 Apr 2024 18:20 GMT
… a shortage in supply.
Glencore’s copper production fell … cobalt prices.
In March, Glencore faced calls from Tribeca … spinning off of its coal business.
Glencore announced plans to split … off its combined coal business …