Mining giant Anglo American rejected a request by Australian rival BHP to extend talks on a $49 billion takeover offer beyond a looming Wednesday deadline, possibly ending a bid to create a copper titan. Anglo American rejected a third offer from BHP last week, worth £38.6 billion, but agreed to keep talks alive for seven more days.A core part of BHP’s plan is splitting off Anglo’s platinum holdings in South Africa, a politically sensitive move that stirred government opposition ahead of the country’s general election Wednesday.
#AngloAmerican #BHP #mining
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