2024-05-17 02:15:00 ET
Summary
- Although event risk is rising, the biggest deals look creditor-friendly, preserving credit quality and ratings.
- After a long hiatus, mergers and acquisitions have resumed in the Basic Materials sector, with large deals announced in Mining and Paper & Packaging.
- Anglo American, a major mining company, received an unsolicited combination proposal from BHP for an all-share deal worth £31 billion.
By Gianmarco Migliavacca
Although event risk is rising, the biggest deals look creditor-friendly, preserving credit quality and ratings. ...
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M&A Is Back, But Disciplined, In Basic Materials