CORPORATE ACTIVITY
Activist fund Elliott has built up a $1-billion stake in Anglo American, a filing showed on Friday, after the London-listed miner became a takeover target by bigger rival BHP Group.
Elliott disclosed total interests of about 2.5% in Anglo American, according to a filing with the UK's Takeover Panel. That makes it one of the miner's top 10 shareholders, as per LSEG data.
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