BHP Approaches Rival Miner Anglo American About Takeover

BHP Group Ltd. has approached Anglo American Plc about buying the 107-year-old company in a move that offers to spark the biggest shakeup of the global mining industry in over a decade. Martin Ritchie reports on Bloomberg Television.
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[@georgesikimeti2184]

Why not u.s. steel?,better market exposure!

[@TheBooban]

Noooo! Now is not the time for mergers. Inflation and recession!!

[@peterhaberlehner6749]

When there isn’t one there is the other one, and where things are “booming” it’s because there is a “bubble”. I believe the right time will always be to buy cheap. At $4.50/pound this wouldn’t be cheap but Anglo stock is hammered and premium offered isn’t nonsense (~15%) so.. might make sense economically for shareholders and for us in general well.. who knows

[@TheBooban]

@@peterhaberlehner6749 looking to buy some Anglo now then…:)

[@TheBooban]

@@peterhaberlehner6749 Oh damn, I don't have access to that stock. Can't buy Anglo American.