Anglo American £400 million bid for Sirius Minerals

Overview:

• Anglo American has mad an offer to acquire mining company Sirius Minerals.
• The American company has made an offer of 5.50p per share valuing the company at about £404.9 million.
• Shareholders will vote on the deal in March.
• Bank of America Securities and Centerview Partners UK are advising Anglo American.
• JP Morgan Cazenove and Lazard & Co are advising Sirius.
• Liberum Capital and Shore Capital are acting as joint brokers.