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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, continued to significantly undervalue the company.
Shares in BHP were trading 0.5% lower at A$43.03 on Tuesday.
BHP has until May 22 to return with a b...
>>> Read more: Investors expect BHP to lift Anglo American offer again
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, continued to significantly undervalue the company.
Shares in BHP were trading 0.5% lower at A$43.03 on Tuesday.
BHP has until May 22 to return with a b...
>>> Read more: Investors expect BHP to lift Anglo American offer again
