Anglo American Denies BHP Request to Extend Deadline Over $50B Offer

Key Takeaways Anglo American said Wednesday it will not give BHP Group another extension to the negotiation deadline after rejecting BHP's latest takeover offer one week ago. Since last month, Anglo has rejected three offers from BHP, with the latest valuing the mining giant at roughly $50 billion. Anglo announced plans to spin off multiple subsidiaries after rejecting the second offer earlier this month. Takeover talks between two of the world's largest mining companies appear to be over for now as Anglo A ...