BHP backpedals from chairman’s Anglo American takeover talk
BHP has left open the possibility of making a bid for rival miner Anglo American after November 30, by rushing to ensure comments made by chairman Ken MacKenzie at Wednesday’s shareholder meeting were not taken as formal market guidance.
Anglo rebuffed BHP’s $75 billion takeover attempt in May, and Mr MacKenzie tried to hose down speculation about a revived bid at Wednesday’s meeting by hinting the opportunity for a deal had passed.
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