BHP says it has 'moved on' from failed Anglo American takeover
The Guardian|October 31, 2024
The global mining company BHP has "moved on" from its three unsuccessful attempts to take over the rival Anglo American this year and will focus on other growth opportunities, its chair has said.
Jack Simpson

Speaking at BHP's annual general meeting in Brisbane yesterday, Ken MacKenzie suggested the Australian miner would not be resurrecting its bid for its London-based competitor after a six-month block on trying again lifts at the end of November.

BHP had its third offer of £39bn turned down by Anglo board members in May after last-ditch talks over restructuring the 107-year-old company collapsed.

The five-week pursuit of the company met a block over BHP's plans to sell some of Anglo's South African interests as part of the takeover.

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