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BHP-Anglo merger talks end
BHP has confirmed it will not pursue a new takeover bid for Anglo American, ending speculation about a potential revival of last year’s $74 billion merger proposal. “Following preliminary discussions with the board of Anglo American, BHP confirms that it is no longer considering a combination of the two companies,” BHP said. The announcement comes as Anglo shareholders prepare to vote on December 9 on a proposed merger with Canadian miner Teck Resources. Analysts say this deal has weakened BHP’s position, as Teck holds the right to match any unsolicited offer for Anglo, while Anglo would face a $US330 million ... (full story)
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- Nov 23, 2025 6:56pm Posted byFundamental Analysis155
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