Does BHP need to be in SA's good graces for an Anglo deal to fly?

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Does BHP need to be in SA's good graces for an Anglo deal to fly?

BHP's proposed R720 billion takeover deal for Anglo American is among the biggest the mining industry has ever seen, presenting a regulatory minefield that requires the resources giant to win over authorities in several jurisdictions.

One key jurisdiction is undoubtedly South Africa, where the world's largest mining group this week deployed a senior team of executives, including CEO Mike Henry, to woo stakeholders . BHP has no presence in South Africa, and intends to have little footprint here if it succeeds in having Anglo American spin off the SA platinum and iron ore businesses before it acquires it.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.

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