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BHP's $39 Billion Bid for Anglo American Could Set FTSE 100 Record

Apr 25, 2024, 07:25 AM

BHP Group has made a significant all-stock takeover bid for Anglo American, valued at approximately £31.1 billion ($39 billion), which could potentially create the world's largest copper producer. This proposal, described as unsolicited and non-binding, includes conditions such as the demerger of Anglo American's holdings in Anglo American Platinum and Kumba Iron Ore Limited. The deal, if successful, would mark one of the largest transactions in the mining industry in recent years and could reshape the global copper market. Anglo American's shares surged by 12% following the announcement, contributing to the FTSE 100 hitting a record high. BHP must declare its firm intention to proceed by May 22, as per regulatory requirements.

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Markets

Anglo American share price to rise 10% by end of 2024?

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

Yes • 50%

No • 50%

Financial data from stock market exchanges or financial news websites tracking Anglo American's stock price.

Anglo American shares stay 10% up 30 days post-bid?

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

No • 50%

Yes • 50%

Financial news sources and stock market data

BHP and Anglo American merger completed by end of 2024?

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

Yes • 50%

No • 50%

Official corporate releases from BHP or Anglo American, or coverage by major financial news outlets.

BHP confirms intention to proceed with Anglo American takeover by May 22?

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

No • 50%

Yes • 50%

Official statements from BHP or Anglo American, or major financial news outlets

BHP confirms takeover bid intention by May 22?

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

Yes • 50%

No • 50%

Official announcements from BHP Group or public filings with regulatory bodies

BHP to declare intention on Anglo American takeover by May 22?

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

Yes • 50%

No • 50%

Official announcements from BHP or Anglo American, or financial news outlets such as Bloomberg or Reuters reporting on the decision.

Demerger of Anglo American holdings completed within 6 months post-takeover?

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

Yes • 50%

No • 50%

Company filings, official statements, and financial news

FTSE 100 hits new record post BHP-Anglo American deal completion?

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

No • 50%

Yes • 50%

Financial market data and news reports

FTSE 100 maintains record high one month post-announcement?

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

No • 50%

Yes • 50%

Financial market tracking platforms and news outlets

BHP's ranking in global copper market post-takeover by end of 2024

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

BHP becomes largest copper producer • 33%

BHP does not enter top three • 34%

BHP in top three but not largest • 33%

Industry reports, market analysis, and news sources

BHP stock price movement one month post-takeover intention announcement

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

Increase 5-10% • 25%

Increase more than 10% • 25%

Decrease • 25%

Increase less than 5% • 25%

Stock market data

Global copper production ranking of new entity by end of 2025

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

Second largest copper producer • 25%

Largest copper producer • 25%

Third largest copper producer • 25%

Outside top three • 25%

Industry reports, market analysis, and financial news

Impact on FTSE 100 following BHP takeover decision

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

FTSE 100 stable • 33%

FTSE 100 declines • 34%

FTSE 100 gains • 33%

Financial news outlets and stock market data on FTSE 100 index performance.

Market reaction to BHP takeover bid within one week

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

Price Decrease 1-5% • 25%

Price Decrease > 5% • 25%

Price Increase > 5% • 25%

Price Increase 1-5% • 25%

Stock price data from financial markets or reports from financial news agencies.

Outcome of BHP's takeover bid for Anglo American by end of 2024

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

Successful • 33%

Pending • 34%

Unsuccessful • 33%

Official announcements from BHP or Anglo American, regulatory filings, and news reports

Outcome of BHP's takeover bid for Anglo American by May 22

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

Negotiations Extended • 34%

Takeover Rejected • 33%

Takeover Accepted • 33%

Official announcements from BHP or Anglo American or detailed reports from major financial news outlets.

Outcome of BHP's takeover bid for Anglo American by May 22, 2024

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

Bid rejected • 33%

Bid revised and pending • 34%

Bid accepted • 33%

Official announcements from BHP or Anglo American, or major financial news outlets

Status of Anglo American’s asset demerger by end of 2024

BHP Group•Anglo American•Anglo American Platinum•Kumba Iron Ore Limited•BHP

Resolution / Starting Odds

Not Demerged • 34%

Fully Demerged • 33%

Partially Demerged • 33%

Corporate announcements, regulatory filings, and media reports

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