BHP CEO flies to South Africa to push $65.4 billion takeover

BHP CEO flies to South Africa to push $65.4 billion takeover
An Anglo American Platinum site near Rustenburg, South Africa. (Image: Waldo Swiegers/Bloomberg)
Bloomberg
By William Clowes, Clara Ferreira Marques and Thomas Biesheuvel(Bloomberg) -- BHP Group Ltd. has deployed a senior team, including its chief executive officer, to South Africa as the world’s largest miner ramps up efforts to win over government officials, regulators and local shareholders, all of whom could yet determine the outcome of its proposed tie-up with rival Anglo American Plc.The executives have already begun conversations with key stakeholders, focusing on explaining the detail of the existing US$39 billion (MZ$65.4b) proposal &...

More Markets

NZ sharemarket edges higher as F&P Healthcare weighs on gains
Markets Market Close

NZ sharemarket edges higher as F&P Healthcare weighs on gains

The S&P/NZX 50 Index closed 14.49 points or 0.11% down at 13,391.59.

Jamie Gray 24 Oct 2025
Contact Energy expands global investor base
Markets

Contact Energy expands global investor base

Contact Energy priced an inaugural €500 million (NZ$1.01b) 7-year senior bond under its Euro Medium Term Note (EMTN) Programme, it said Friday.“This marks a milestone in Contact’s funding strategy, expanding our global investor base and reinforcing our commitment to sustainable f...

Rebecca Howard 24 Oct 2025
Kiwibank wary of capital-review barrier to growth
Finance

Kiwibank wary of capital-review barrier to growth

Kiwibank raises issues of competitive advantage.

Andy Macdonald 24 Oct 2025
Cash or invest? What Allied Farmers could do with $7m
Markets Small Cap Wrap

Cash or invest? What Allied Farmers could do with $7m

Plus, Promisia's insightful guidance, numerous AGMs, and more.