FTSE 100 hits record high on Anglo American takeover news
The Telegraph — April 25, 2024, 12:00 PM UTC
Summary: Anglo American's potential takeover by BHP has boosted the FTSE 100 to a record high of 8,102.14 points, with Anglo American's value increasing by £3.7bn. BHP's offer values Anglo American at £31.1bn, potentially reaching £34bn with the share price surge. The deal deadline is May 22, aiming to create the world's largest copper miner with 10% of global output, driven by Anglo American's valuable copper assets in Chile and Peru.
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