BHP News: BHP Group drops its bid for Anglo American, ending plans to create a global mining giant - 30th May 2024, 7:25pm

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LONDON (AP) — BHP Group has dropped its 38.6 billion pound ($49.3 billion) bid for Anglo American, ending plans to create a global mining giant focused on copper and other minerals that are expected to drive the transition to renewable energy.

Melbourne, Australia-based BHP announced the decision late Wednesday, after last-minute overtures failed to ease Anglo’s concerns about the the complexity of the proposed deal. Anglo American earlier rejected a request to extend Wednesday’s...

>>> Read more: BHP Group drops its bid for Anglo American, ending plans to create a global mining giant
 
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