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LONDON (AP) â U.K.-based mining giant Anglo American has rejected a 31 billion pound ($39 billion) takeover offer from BHP Group, saying it significantly undervalues the company and its growth potential.
Anglo American said Friday that its board unanimously rejected the bid from BHP, which was announced a day earlier. The deal would create the worldâs largest copper miner as the transition to renewable energy drives demand for the metal.
âThe BHP proposal is opportunistic and fa...
>>> Read more: Mining giant Anglo-American rejects BHP's $39 billion takeover offer, says it's 'opportunistic'
Anglo American said Friday that its board unanimously rejected the bid from BHP, which was announced a day earlier. The deal would create the worldâs largest copper miner as the transition to renewable energy drives demand for the metal.
âThe BHP proposal is opportunistic and fa...
>>> Read more: Mining giant Anglo-American rejects BHP's $39 billion takeover offer, says it's 'opportunistic'
