Anglo American Share News (AAL)

Anglo CEO says BHP bid forced his hand on demerger of S.Africa assets

JOHANNESBURG, May 14 (Reuters) - The boss of Anglo American said on Tuesday a bid by rival BHP to take over the company forced him to accelerate plans for a spin-off of its South Africa's platinum assets, a move set to cause concerns in Pretoria weeks before a national election.

LONDON MARKET OPEN: Stocks steady after soft jobs data; Vodafone stars

(Alliance News) - Stocks in London on Tuesday edged higher in early trading as soft jobs data boosted hopes of an interest rate cut in June.

Anglo shareholder welcomes proposed strategic revamp

LONDON, May 14 (Reuters) - Anglo American shareholder Aegon Asset Management said on Tuesday it welcomed a proposed strategy revamp at the London-listed mining firm, as it tries to fend off a takeover bid from the world's largest miner BHP Group.

South African rand lower ahead of mining and unemployment data

JOHANNESBURG, May 14 (Reuters) - South Africa's rand weakened early on Tuesday, ahead of local mining and first quarter unemployment data.

TOP NEWS: Anglo American unveils most "radical" strategy in decades

(Alliance News) - Anglo American PLC on Tuesday unveiled a new "radical" strategy that will see it keep copper and iron ore assets, while getting rid of platinum and diamond businesses.

Amplats shares fall 10% as Anglo American eyes demerger

JOHANNESBURG, May 14 (Reuters) - Anglo American Platinum's Johannesburg-listed shares traded down around 10% in early trade on Tuesday, after parent company Anglo American said in a strategic review that it was exploring a demerger of its troubled platinum unit.

Anglo unveils radical shake-up to simplify portfolio, cut costs

(Sharecast News) - Anglo American has announced a "major new phase" in its strategy as it makes radical changes to its business structure to drive shareholder returns and save costs, including the divestment or spin-off of its steelmaking coal, nickel, platinum and diamond operations.

Anglo American rejects BHP's revised $42.7 billion buyout proposal

Had rejected a previous $39 billion all-share proposal in April

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LONDON MARKET CLOSE: FTSE win streak snapped in tepid start to week

(Alliance News) - London's FTSE 100 ended lower in subdued trade on Monday, with investors anxiously awaiting Wednesday's US inflation data.

UPDATE: Anglo American says new BHP bid undervalues future prospects

(Alliance News) - Anglo American PLC on Monday said the latest bid proposal from mining peer BHP Group Ltd continues to "significantly undervalue" it and its "future prospects."

Anglo American rejects second, £34bn takeover offer from BHP

(Sharecast News) - BHP said on Monday that Anglo American has rejected a revised offer from the Australian miner which valued the company at £34bn.

TOP NEWS: BHP confirms Anglo American rejects improved takeover offer

(Alliance News) - BHP Group Ltd on Monday confirmed that made an improved offer to buy mining peer Anglo American PLC last week, but said the offer was rejected by the Anglo board on Monday.

LONDON MARKET OPEN: Stocks make steady start as investors eye US CPI

(Alliance News) - Stock prices in London opened modestly higher on Monday, pausing for breath after the recent record breaking run as investors look ahead to key inflation figures in the US.

STOXX 600 closes at record high on earnings, rate cut optimism

Rio Tinto considered bid for BHP-target Anglo American -report

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