Anglo American's South Africa investors open to improved BHP bid, FT reports

Anglo American's key South African shareholders are open to a takeover offer from BHP, with some advocating for an additional cash component to the bid, the Financial Times reported on Thursday. The investors who collectively hold more than 15% of Anglo American, told FT that BHP, the world's biggest listed mining group, would need to sweeten its offer and they were not opposed in principle to an acquisition by the Australian group.