Anglo American rejects BHP’s $39 billion bid as ‘opportunistic’

Anglo American was downgraded to neutral from buy at UBS, after BHP on Wednesday didn’t launch a formal offer after suggesting it could buy the company for £38.6 billion ($49 billion) if stock. https://www.marketwatch.com/story/anglo-american-rating-downgraded-by-ubs-after-bhp-talks-collapse-a7911fad?mod=mw_rss_topstories