BHP Group's ambitious $49 billion takeover plan for Anglo American faces uncertainty as talks fail to progress, leading to BHP CEO Mike Henry walking away due to inability to access key information from Anglo American. BHP does not intend to make a firm offer for Anglo American.
Unable to press his target to the negotiating table, BHP Group boss Mike Henry on Wednesday walked away from a bold bid to buy smaller rival Anglo, cheering investors eager to see proof the miner will not pursue deals at any cost https://t.co/jAX54Dq2pX
Unable to press his target to the negotiating table, BHP Group boss Mike Henry on Wednesday walked away from a bold bid to buy smaller rival Anglo, cheering investors eager to see proof the miner will not pursue deals at any cost https://t.co/dUe8TwxGRY
Anglo American forced BHP's hand to abandon a takeover bid, but the Australian giant may yet make a comeback once the Amplats unbundling has started, an analyst says. https://t.co/TfLC7LDEYt