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Anglo snubs BHP’s ‘highly unattractive’ proposal

By:  
Creamer Media Senior Deputy Editor Online
 
CORPORATE ACTIVITY
Diversified miner Anglo American has firmly rebuffed a $38.8-billion proposal from mining heavyweight BHP, with chairperson Stuart Chambers dismissing the nonbinding offer as “highly unattractive”. In a statement released on Friday, Chambers labelled the BHP proposal as opportunistic and lacking in appreciation for Anglo’s prospects.
 
 
 
 
 

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