Seven & i Holdings has rejected Alimentation Couche-Tard’s takeover bid, stating that the proposal does not reflect the company’s true value. They are open to discussions if Couche-Tard presents a proposal that addresses their concerns and recognizes their intrinsic value.
Anglo American has dismissed a takeover bid from BHP Group, claiming it significantly undervalues the company and its prospects. While BHP offered an all-share deal worth £31.1 billion, Anglo American’s board unanimously rejected the proposal. The offer included a demerger of Anglo American’s stakes in Anglo American Platinum and Kumba Iron Ore, which Chairman Stuart Chambers deemed unattractive and risky. Shares of both Anglo American Platinum and Kumba Iron Ore rose in early trading following the rejection.
Royal Mail employees have endured a turbulent few years marked by an acrimonious pay and conditions dispute, followed by speculation about the company’s future. Dave Ward, general secretary of the Communication Workers Union (CWU), has called for a change of direction within Royal Mail, criticizing the current business model. The union is also campaigning against any attempts to reduce the frequency of mail deliveries.
