BHP seeks extension to talks on move to take over mining rival Anglo American

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Australian company puts forward ‘socioeconomic measures’ in attempt to ease concerns over bid

The mining company said it had put forward a number of “socioeconomic measures” in an attempt to ease concerns over its bid and called for more time to discuss this with Anglo American.

In a statement on Wednesday, BHP said: “BHP believes that the proposed measures it has put forward provide substantial risk protection for Anglo American shareholders and supplement the significant value uplift that Anglo American shareholders will receive from the potential combination.

 

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