kumba iron orelatest news & developments
Another corporate story that has recently made headlines is a second unsolicited bid from Australian mining giant BHP for the operations of South African industry peer Anglo American.(Chris Ratcliffe/Bloomberg via Getty Images)

Anglo American rejects ‘unattractive’ BHP bid

The company’s chairman, Stuart Chambers, described the proposal as ‘opportunistic’

  • Des Erasmus
1 min read
Australian multinational mining company BHP has confirmed that it made a buyout proposal to Anglo American. (Chris Ratcliffe/Bloomberg via Getty Images)

BHP makes takeover bid for Anglo American

The proposal entails Anglo significantly lowering its exposure to South Africa by demerging its holdings in beleaguered Anglo American Platinum and Kumba Iron Ore This content is restricted to registered users and subscribers. Get Your Free Account The Mail & Guardian is committed to providing all our readers with the best possible experience. Please register your free account now. Your registration is your first step to becoming an M&G community member. Register Registration enables: – M&G newsletters access – notifications – the best possible experience Already registered? Login here Want to subscribe and get even more benefits? Explore our subscription offers

  • Eyaaz
1 min read