All news on the topic: Anglo American plc

They further criticised the unsolicited approach as being "is highly unattractive" for Anglo's shareholders "given the uncertainty and complexity inherent in the proposal, and significant execution risks".

Anglo American's stock value leapt up to 14% in Thursday morning's trading session after the company disclosed that it had received an offer from Australia's BHP the largest mining company in the world

The pound has seen a slight increase, up around 0.15% against the US dollar at 1.2672 and 0.2% versus the euro at 1.1675