Anglo American rejects second takeover offer from BHP worth £34bn
by Alex Daniel
May 13, 2024
2 minutes
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Mining giant Anglo American has rejected a second revised buyout offer from BHP, which this time valued its rival at £34 billion.
In a stock market update, BHP said it was “disappointed” that South Africa-based company Anglo American had rebuffed the offer, in what would have been the biggest deal in the mining sector for a decade.
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