Anglo American has rejected a multi-billion rand offer from BHP, with South African assets again put to the side.
The mining group said that it sent a revised proposal on May 7, which Anglo American rejected today, 13 May 2024.
The new proposal would still have to split off Anglo American Platinum and Kumba Iron Ore businesses in South Africa. The move has received widespread reaction across markets and government officials, with many stating that South Africa is no longer an investment destination.
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