BHP News: BHP will not relent on structure, value of $49 billion Anglo offer, say sources - 23rd May 2024, 10:45am

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By Melanie Burton and Scott Murdoch

PERTH/HONG KONG (Reuters) -BHP will stand firm on the structure and value of its latest takeover proposal for Anglo American, focusing instead on allaying its target's concerns around execution risks over the coming week, sources said on Thursday.

The world's biggest listed mining group now has until May 29 to make a firm bid for Anglo American or it will be forced to walk away for at least six months under the UK's takeover rules after it was granted a one-...

>>> Read more: BHP will not relent on structure, value of $49 billion Anglo offer, say sources
 
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