BHP Group attempted an all-share takeover of Anglo American, valuing the company at £31.1 billion. Despite offering a 14% premium, Anglo's board rejected the proposal, citing undervaluation and structural complexities. The deal faced regulatory hurdles and shareholder skepticism, ultimately leading BHP to withdraw. This analysis explores the strategic objectives behind BHP's bid, the financial and regulatory challenges, and the broader market implications of the failed acquisition within the global copper market and mining industry consolidation trends.
Read More »1-in-3 Odds of “Massive Disaster” Worse Than The Current COVID-19 Crisis
After June 16’s rally on the better-than-expected figures of retail sales as well as the encouraging study of a certain drug to treat COVID-19 patients, the S&P 500 has rallied 40 percent from its closing low and has dropped just 8 percent from the February peak. Obviously, disasters are not …
Read More »Binance to Support the Faster Payments Scheme in the UK
Binance, a cryptocurrency exchange company that offers a trading platform to more than a hundred cryptocurrencies, has recently added two new features in its platform. First, the company now supports UK’s Faster Payments Scheme also known as FPS using the British pound currency (GBP) for transfers. Secondly, it has included …
Read More »Binance launches Bitcoin-pegged token – A quick overview
I would like to draw our reader’s attention to the recent announcement published by Binance CEO Chanegpeg Zhao, also known by his initials, CZ. It was regarding the update to its launch of the bitcoin-pegged token to be available on the Binance chain. I want to briefly give you guys …
Read More »Etheruem Spikes 30% after 16 Month low
After last week’s bloodbath in the crypto world they are finally in recovery mode as of Thursday 13th. The market shows all the signs of a dead cat bounce so the bulls aren’t quite free to run yet. The past 2 days have seen an extra $10 billion added in …
Read More »How the digital revolution is ruining your eyes ?
Not to freak you out or anything, but the lights from your smartphone could be even more harmful than experts previously thought. We already knew that the blue light from your smartphones, tablets, and laptops can disrupt your sleep cycle. Recently, a study found a connection between blue light and …
Read More »WhatsApp’s monetisation plans
As we know Facebook purchased Whatsapp for a whopping $19bn back in 2014. The social media giant has now decided to monetise its acquisition by including advertisements in its chat messages. WhatsApp has increasingly been used as a platform for which marketers are using to advertise thier products and services. …
Read More »[Breaking] Dragon Ball Super Movie Confirms Super Villain
Now that we’re on the second-half of the year, and we’re anticipating the coming of the Dragon Ball Super anime movie, questions regarding its plot, villains, and more circled the DBS community for the past months. Today, the official DBS site confirmed the movie’s official supervillain, and it is no …
Read More »Major Russian Corporation Connects With Cryptocurrency Exchange
GoverMedia Plus Canada, a corporation that owns a big Russian trading stock, has taken the risk of holding partnerships with one of Europe’s most prominent cryptocurrency finance groups. The group expresses their stance in establishing greater holds in major stock markets and financial exchanges and possible endeavors in increasing their …
Read More »Bonefish Grill For Coral Reefs, A Resolution To The Slowly Dying Marine Ecology
Bonefish Grill brings out their advocacy in supporting The Conservancy in their stance to protect and rehabilitate the coral reefs. The movement to bring back the coral reef to a healthy state has been dictated from earlier on from the year, declaring 2018 as a year to preserve the coral …
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