Anglo faces pressure after playing hardball over BHP bid
Rejection of BHP bid puts scrutiny on miner's own portfolio review plan
02 June 2024 - 00:00
Anglo American will be under pressure to deliver on its proposed restructured portfolio after rejecting global mining giant BHP Billiton's $49bn (R915bn) takeover bid at the 11th hour, even with a seven-day extension meant to iron out differences on the structure of the proposed deal.
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