Elliott builds Anglo American stake as miner faces takeover

Chris Ratcliffe | Bloomberg | Getty Images Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told CNBC. Anglo American shares were up 5% on the news Friday. News of the activist’s position comes as the $43 billion, London-based miner faces takeover … Read more

Anglo American shares pop 12% after BHP Group makes $39 billion bid

Miners carrying out operations. Graeme Williams | Gallo Images Roots Rf Collection | Getty Images Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the smaller company at £31.1 billion ($38.9 billion). Anglo American shares were 13% higher at 10:05 a.m. in London. The company … Read more