Mining Giant Anglo American Rebuffs Another BHP Takeover Offer

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Mining Giant Anglo American Rebuffs Another BHP Takeover Offer
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Anglo Americansaidon Monday it had rejected a second takeover offer from BHP which would create a major mining group.

Anglo America n said on Monday it had rejected a second takeover offer from BHP which would create a major mining group. Last month, mining giant BHP made an all-share offer for fellow major Anglo America n. If completed, the deal would be the biggest one in the mining world in years.

The structure of the latest proposal is unchanged from the proposal previously rejected on April 26, 2024, Anglo American said, adding that “The Board has considered the Latest Proposal with its advisers and concluded that it continues to significantly undervalue Anglo American and its future prospects.

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