Mmegi

Deadline looms for BHP in Anglo deal

Tuesday, May 21, 2024 | 890 Views |

New beginnings: De Beers' shareholding is set to change

The world’s largest mining group, BHP, has until the end of business tomorrow to make a third and final substantive offer to wholly take over Anglo American, the 85% shareholder in De Beers.

According to the Takeover Code, BHP has until 1700hrs British time to make a substantive offer to Anglo, a principle known as “put up or shut up”. The Code is governed by the Takeover Panel, a British-based independent organisation which supervises and regulates takeovers.

According to the Code, should BHP choose not to make a substantive offer, it will have to announce that it does not intend to make an offer.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Man accused of murdering mother fails to meet bail conditions

Larona Makhaiza | 1d ago

Police, BDF in softball qualifiers shootout

Calistus Kolantsho | 1d ago

Welfare storm rocks Mares’ COSAFA campaign

Kabelo Boranabi | 1d ago

Bench swap fuels spice to Galaxy, GU title war

Kabelo Boranabi | 1d ago

De Beers, Stanford Graduate of School of Business renew partnership

Larona Makhaiza | 2d ago

'Next time, don’t report to the police, figure out where to go'

Larona Makhaiza | 2d ago

Food inflation speeds up

Mbongeni Mguni | 2d ago

Rollers launches 'Adopt-A-Player' to ease financial burden

Kabelo Boranabi | 18 Feb 2026

A collective responsibility to end FMD spread

As cases continue to threaten herds and rural livelihoods, one simple but critical action can make a powerful difference: strictly adhering to FMD regulations, including refraining from slaughtering cloven-hoofed animals.Cloven-hoofed animals, such as cattle, sheep, goats, and pigs, are highly susceptible to FMD. Slaughter, especially during outbreaks or restricted periods, significantly increases the risk of spreading the virus through...

The Monitor Editor | 17 February 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More