May 03, 2024 07:00 GMT
Anglo American (Baa2/BBB): Glencore Considering a Bid
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• Reuters reports that Glencore is discussing a bid for Anglo internally, which the market has been speculating about already.
• Glencore are already involved in M&A with a $9bn coal acquisition but are savvy dealmakers. Having a South African CEO may be helpful.
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