Anglo American shares pop 12% after BHP Group makes $39 billion takeover bid

Australia-based BHP Group said the deal would see Anglo American's ordinary shareholders receive 0.7097 BHP shares per Anglo American share.The company confirmed it had received an "unsolicited, non-binding and highly conditional combination proposal."Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American , valuing the company at £31.1 billion ($38.9 billion).The proposal would entail separate demergers by Anglo American of its shareholdings in Anglo America ...