BHP,the world’s largest miner,has approached London-listed Anglo American with an offer that could turn into this year’s biggest deal.
BHP has approached the embattled Anglo American mining house with an all-scrip offer that would see the group’s most troublesome assets spun off.
Changes aimed at stopping oligopolies becoming more entrenched through mergers make sense. Just don’t hold your breath for lower prices as a result.
The rapid decline of music festivals in Australia is symptomatic of a bigger problem – and it’s not the fault of young people.
Anthony Albanese has signalled a fresh push to lift competition to help consumers,farmers and small businesses,but large firms are concerned over new rules covering mergers.
The oil and gas giant says it has ended discussions with its smaller rival over a proposed tie-up of the two companies.
Every capitalist professes to believe in stiff competition. In truth,it’s their biggest hate.
Research for the federal competition taskforce shows mergers are occurring across the Australian economy at a much higher rate than previously thought.
Gina Rinehart’s Hancock Prospecting has joined forces with a Chilean mining giant in a $1.7 billion bid to takeover Australian lithium miner Azure Minerals.
Analysts say oil and gas majors Woodside and Santos can overcome competition concerns.
More than $89 million worth of Sigma shares were traded on Wednesday,a staggering jump on the daily average of $2 million.