Your email has been successfully added to our mailing list.

×
0 0 0 7.45869746279296E-05 0.000323210223387978 -0.000372934873140072 6.83713934089355E-05 0.00139229019305596
Stock impact report

No. 2 Anglo Shareholder PIC Says BHP Proposal Needs Revision [BNN Bloomberg (Canada)]

BlackRock, Inc. (BLK) 
Last blackrock, inc. earnings: 4/16 06:02 am Check Earnings Report
US:NYSE Investor Relations: ir.blackrock.com
Company Research Source: BNN Bloomberg
South Africa's Public Investment Corporation, which owns shares in both companies, said in a statement it “believes offers from BHP should reflect both the embedded value of existing Anglo assets and the future optionality and benefits that BHP can derive, specifically from Anglo's unlisted assets.” “This would require a meaningful revision of the current BHP proposal that should take into consideration the material risks that current shareholders of both Anglo and its subsidiaries would have to assume over an extended time frame,” said PIC Chief Executive Officer Abel Sithole. The PIC will continue to engage both companies, the statement said. Read: BHP Debates Improved Anglo Bid as Time Runs Out in Takeover Saga Anglo has twice rebuffed BHP proposals for the smaller company to spin off its stakes in two listed South African iron ore and platinum companies before being acquired, arguing that the offers were too cheap and difficult to implement. “The PIC recognises the positi Show less Read more
Impact Snapshot
Event Time:
BLK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BLK alerts
Opt-in for
BLK alerts

from News Quantified
Opt-in for
BLK alerts

from News Quantified