Oct 30, 05:41 PM

BHP Moves On From Failed Anglo American Bid, Hints at Potential Renewed Offer to Prevent UK Takeover Panel Constraints

BHP has announced that it has moved on from its failed bid for Anglo American, according to the company's chairman. However, BHP has since clarified that the comments made at the Annual General Meeting were not intended to be a formal statement under Rule 2.8 of the UK Code. Despite the chairman's remarks, there are hints that BHP may consider a renewed offer for the British miner Anglo American. BHP has been forced to walk back from comments about having 'moved on' from its failed Anglo American bid to prevent its hands being tied by the UK takeover panel.

#BHP #Anglo American #Annual General Meeting #UK Code #British #UK

Written with ChatGPT (GPT-4o).

Sources

Giovanni Staunovo🛢@staunovo
2 years ago
BHP Retreats From Comments About Moving On From Anglo Bid https://t.co/XUgWAgkLVb
Bloomberg Markets@markets
2 years ago
BHP has been forced to walk back from comments about having “moved on” from its failed Anglo American bid to prevent its hands being tied by the UK takeover panel https://t.co/XNIqtq74VY
PiQ@PiQSuite
2 years ago
🏗️💼 BHP hints at potential renewed offer for British miner Anglo, despite chairman's "moved on" comments Tickers of interest: $BHP $NGLOY Full Story → https://t.co/3i7sGEfYcl https://t.co/201CXW0s44

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