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Anglo American Rejects Improved BHP Bid of Nearly $50 Billion

By Christian Moess Laursen

 

Anglo American has rebuffed an improved 39.24 billion pound ($49.87 billion) takeover proposal from rival BHP Group, following two prior rejections over the last month, in what would have been the largest-ever mining deal.

 

Write to Christian Moess Laursen at christian.moess@wsj.com

 

(END) Dow Jones Newswires

May 22, 2024 09:36 ET (13:36 GMT)

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