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BHP - Glencore: Accelerating The Turnaround With Accretive Cerrejon Acquisition
July, 09 2021 08:16 AM
BHP Group Limited American Depositary Shares
Glencore is acquiring BHP and Anglo American stakes in the Cerrejon thermal coal mine in Colombia. While the deal does increase its coal exposure, the economics are compelling, and the company remains on track to hit its emissions goals. Helped by the favorable backdrop and an improved balance sheet, shares look set to outperform. For further details see:
Glencore: Accelerating The Turnaround With Accretive Cerrejon Acquisition
Stock Information
Company Name:
BHP Group Limited American Depositary Shares
Stock Symbol:
BHP
Market:
NYSE
Website:
bhp.com
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