BHP wants bid deadline extension after offering 'socio-economic concessions' proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
Australian mining giant BHP Group has pledged to invest in South Africa's economy as it seeks support for a 38.6 billion pound ($49.3 billion) bid to acquire Anglo American, which was founded in the country more than a century ago and remains one of its biggest employers.
BHP Group's revised proposal for a combination with Anglo American plc includes a range of socio-economic initiatives aimed at addressing concerns and benefiting South Africa.