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Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says

Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says
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BHP seeks extension as crunch time for $49 billion Anglo bid approaches

LONDON/JOHANNESBURG/MELBOURNE (Reuters) -Anglo American on Wednesday rejected BHP Group's last-ditch request for more time to discuss a $49 billion takeover offer, dismissing it as highly complex and likely ending a five-week pursuit by the bigger rival. Anglo had granted BHP a one week extension until 1600 GMT on Wednesday to its original May 22 deadline to submit a binding offer, after rejecting a third takeover proposal that it dismissed as difficult to execute. It did not immediately respond to a request for comment, but has previously indicated it would not make a hostile bid.

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BHP seeks more time ahead of $49 billion Anglo bid deadline

BHP seeks more time ahead of $49 billion Anglo bid deadline
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BHP-Anglo stalemate continues as takeover deadline looms

BHP and Anglo American are struggling to reach an agreement on BHP's takeover offer, with no new concessions as the deadline approaches.

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Anglo American rejects BHP s last-ditch attempt to continue takeover talks

Anglo American on Wednesday rejected BHP Group s last-ditch request for more time to discuss a $49 billion takeover offer, dismissing it as highly complex and ending a five-week pursuit by the.

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