Rio Tinto should not compete with BHP for Anglo American – investor says

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 Invezz reported here.  On […]