BHP considering improved proposal for Anglo American after bid rejected, source says

BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected by the London-listed miner, a source familiar with the matter told Reuters.

A worker is seen at Anglo American's Los Bronces copper mine in Chile, obtained by Reuters on April 26, 2024. Anglo American/Handout via REUTERS/ File Photoafter its $39 billion initial proposal was rejected by the London-listed miner, a source familiar with the matter told Reuters.

BHP said it does not comment on what it called "rumour and speculation", while Anglo American did not immediately respond to a Reuters request for comment.

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