BHP News: Anglo American rejects BHP calls to extend takeover talks deadline - 29th May 2024, 8:06pm

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Mining company Anglo American has rejected calls from suitor BHP to extend a deadline to strike a takeover deal.

The pair have been in talks over a deal worth almost £39 billion since Wednesday May 22 amid efforts to agree on the structure for a potential takeover of Anglo American.

Australia’s BHP faces a deadline of 5pm on Wednesday to make a firm offer or walk away.

On Wednesday morning, BHP urged its smaller rival to grant it an extension amid continued discussions between the two...

>>> Read more: Anglo American rejects BHP calls to extend takeover talks deadline
 
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