The world’s largest mining company, BHP, is expected to boost its $43bn (R788.17bn) bid for rival Anglo American to expand its footprint in the copper market, but shareholders of the target company will have the final say, analysts said this week.
Fabrisio Bloisi, the new Naspers Group and Prosus CEO, has moved swiftly to reassure the market that the group’s existing strategy will remain as questions were raised around its view on future mergers and acquisitions, as well as capital allocation.