Inside BHP’s failed tilt for Anglo – and what comes next
The post-mortems are under way, but two things are already clear: the tight time frame was never going to be enough, and BHP’s inability to win over Anglo shareholders eventually killed the deal.
On the morning after the night before at BHP headquarters, the prevailing mood is disappointment mixed with pride.
While the mining giant has been forced to abandon its $75 billion bid for Anglo American, the view inside the BHP camp is that chief executive Mike Henry and his deal team kept their discipline.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
