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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
… s focus on copper. Three-month copper prices on the … technologies.
Hudbay’s Copper World project is currently … watchers anticipate a significant copper supply shortage, which is … and acquisitions.
Commodities giant Glencore is also reportedly considering …
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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 … demand for the metal.
Copper is used in everything from … intelligence. Analysts expect a copper shortage this year while demand … a ready-made portfolio of copper assets, a much easier …
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Glencore Could Start a Bidding War for Anglo American
03 May 2024 18:43 GMT
… or speculation,” a spokesperson for Glencore told Reuters.
Last week, mining … deal would consolidate the global copper market in one fell swoop … the start of the year copper prices have gained about … surge in the demand for copper thanks to the energy …
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Glencore-Anglo American Tie-Up Makes More Sense Than BHP Offer, Analyst Says
03 May 2024 17:57 GMT
… week, Reuters reported that Glencore, which is based in Switzerland … the largest copper reserves in the world.
Glencore owns the … of the Quellaveco mine.
Glencore owns the Antapaccay mine.
… estimates that a combined Glencore-Anglo American would get 28% …
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Glencore ponders bid for rival Anglo American
03 May 2024 14:06 GMT
… prospect after it emerged that Glencore is considering a rival approach … .
It is understood that Glencore has not yet approached Anglo … an approach.
A spokesman for Glencore said: “We don’t …
Glencore already owns a 44 per cent stake in the Collahuasi copper …
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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 … players in the global copper market. Copper is a critical … increased the valuation of copper assets and underscores major … mining companies’ belief that copper prices will be significantly …
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Anglo American shares surge as Glencore reportedly mulls a takeover
03 May 2024 10:25 GMT
… firm.
The London-listed copper miner has been surrounded by … counter bid, Reuters reported.
Glencore has not yet approached Anglo … market rumour or speculation”.
Any Glencore offer could trigger a bidding … Africa.
Anglo’s core copper assets in Chile and Peru …
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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 … an interest in Anglo’s copper assets but it is thought … ’s interest in building a copper portfolio. “We are not … American, as we are building (copper assets) of our own,” said …
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News24 | Glencore weighs making a bid for Anglo American - report
03 May 2024 06:37 GMT
… Golovniov/Getty Images)
Glencore is evaluating a potential bid … people it didn’t identify.Glencore has had internal preliminary … on Thursday late.
A Glencore spokesperson told Reuters the company … BHP about 10% of global copper mine supply ahead of …
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Glencore copper shines like gold
01 May 2024 23:18 GMT
… conditions for Glencore’s copper increase.
In 2023, Glencore acquired the … remaining 56 per cent of the Argentinian MARA copper … increased 14 per cent.
Glencore’s 23,800t nickel production …
When it came to Glencore’s outlook for the year …