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26 Apr
17:00

Anglo American rejects ‘highly unattractive’ BHP bid

Anglo American on Friday rejected BHP’s takeover proposal saying the bid undervalues both the company and its future prospects, Kallanish reports. According to Anglo’s chairman Stuart Chambers, the company is well positioned to create significant value from its portfolio of “high-quality assets,” aligned with the energy transition and other major trends. “With copper representing 30% of Anglo American’s total production, and w…
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