-- Elliott Investment Management has increased its shareholding in Anglo American to roughly $1 billion in recent months, putting the U.S. investment manager among the ten biggest stakeholders, Bloomberg reports citing unnamed sources.
-- Elliott's share-building in the London-listed diversified miner comes as it has become a target for takeover by Australian mining giant BHP, which had its offer valuing the firm at around $39 billion rejected on Friday.
-- Elliott Management didn't immediately respond for comment when contacted by Dow Jones Newswires.
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Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
04-26-24 0947ET