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BHP To Hold Firm On Latest Takeover Proposal For Anglo American: Report
BHP Group Limited (NYSE:BHP) reportedly planned to stand firm on the structure and value of its latest takeover proposal for Anglo American Plc. (OTC:AAUKF).
The mining giant 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 being granted a one-week extension on Wednesday.
Some people familiar with the matter said that BHP ...