BHP Seeks More Time Over $49 Billion Offer for Anglo American usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
(Reuters) -BHP Group said on Wednesday it believes it needs more time to engage with takeover target Anglo American, a week after the London-listed miner rejected its 38.6 billion pounds ($49.20 billion) offer. BHP, the world's largest listed mining gr.
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.
BHP seeks more time ahead of $49 billion Anglo bid deadline yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
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