Anglo American has rejected BHP’s request for more time to negotiate a $75 billion takeover offer, meaning the deal is off for at least six months, unless BHP lobs a formal bid by 2am. BHP is unlikely to make a bid before the deadline.
Bell Potter Securities and Blue Ocean Equities were tapped as joint lead managers on the deal.
The chief political correspondent for the ABC’s 7.30 program has released a statement explaining the context for her comments describing Australia as racist.
Richard Gregg alleges people have shunned and avoided him because of an implication by PwC that he was involved in the tax leaks scandal, when he was not.
The corporate cop claims Martin Donohue “is the most likely source” of inside information relied on by his brother-in-law Duncan Stewart to buy shares in the firm.