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International Business Times
International Business Times
Business
Roland JACKSON

HISTORICAL FACTS: Anglo american rejects bhp s improved takeover bid | History Defined

BHP Anglo Anglo American copper Mining Joshua Mahony Mike Henry
BHP's improved offer would lift the number of shares that would be given to Anglo investors (Credit: AFP)

Australian mining giant BHP revealed Monday that British rival Anglo American has rejected an "improved" takeover bid worth GBP34 billion ($43 billion) as it aims to create a copper titan.

BHP's latest colossal offer, which seeks also to reshape the global mining landscape, comes after its initial GBP31.1-billion, or $39 billion, approach had been rebuffed last month.

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