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BHP backpedals from chairman’s Anglo American takeover talk

Peter Ker
Peter KerResources reporter

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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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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com

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    Original URL: https://www.afr.com/companies/mining/bhp-backpedals-from-chairman-s-anglo-american-takeover-talk-20241031-p5kmwu