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Rio Tinto should not compete with BHP for Anglo American – investor says
Credit: Invezz- Published 1 week ago
Rio Tinto Ltd (ASX: RIO) should not compete with BHP Group Ltd (ASX: BHP) to take over Anglo American plc (LON: AAL), says Daniel Sullivan. He’s a portfolio manager at Janus Henderson Investors. Why shouldn’t $RIO target Anglo American? $AAL has already rejected BHP’s $39 billion takeover proposal citing undervaluation as...