BHP News: BHP Group makes $38.8 billion play for Anglo American, copper in focus - 25th Apr 2024, 4:49pm

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(Reuters) - BHP Group said it made an offer to buy London-listed miner Anglo American, valuing its share capital at 31.1 billion pounds ($38.84 billion), a deal that would create the world's biggest copper miner with around 10% of global output.

BHP, the world's largest listed miner, will offer Anglo American shareholders 25.08 pounds per share, including 4.86 pounds apiece in Anglo Platinum shares and 3.40 apiece in Kumba shares, it said in a statement on Thursday.

Anglo American earlier in t...

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