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Published 10 days ago

BHP proposes takeover of Anglo American in mining mega

  • Anglo American received an unsolicited merger proposal from BHP, contingent on separating South African platinum and iron ore units.
  • BHP aims for a significant industry reshuffle with a takeover bid for Anglo American, showing a renewed focus on large-scale acquisitions under CEO Mike Henry.
  • BHP's offer, valuing Anglo at $42.6 billion, signifies a potential major deal in the mining sector, prompting interest from other potential suitors.
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