Drill and Deal

Deals / BHP – Anglo American

Diversified · announced 25 April 2024 · withdrawn

BHP – Anglo American

Three proposals rejected. The structure required Anglo to spin off Anglo Platinum and Kumba first, which its board found too complex.

Acquirer
BHP
Target
Anglo American
Announced
Metal
Diversified
Announced value
about £39bn, final proposal
Structure
Unsolicited approach, withdrawn
Status
Withdrawn