Anglo American Declines £31.1 Billion Takeover Offer from BHP
Anglo American has turned down a £31.1 billion takeover bid from rival miner BHP, dismissing it as “highly unattractive” and “opportunistic.” BHP confirmed the proposal on Thursday, aiming to create the world’s largest copper producer through the merger. However, Anglo American rebuffed the offer, particularly objecting to BHP’s plan for significant restructuring of its operations….