May 30, 2024

Investors expect BHP to lift Anglo American offer again

By Melanie Burton MELBOURNE (Reuters) – BHP Group is likely to sweeten its $43 billion takeover offer for Anglo American for a second time and possibly add cash, investors in both companies said on Tuesday, after the London-headquartered target rejected a higher bid. Anglo said the improved all-share offer, up 10% from BHP’s initial proposal,

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