Chair suggests company will not make fourth takeover offer and will instead focus on other growth opportunities
The global mining company BHP has “moved on” from its three unsuccessful attempts to take over the rival Anglo American earlier this year and will focus on other growth opportunities instead, its chair has said.
Speaking at BHP’s annual general meeting in Brisbane on Wednesday, Ken MacKenzie suggested the Australian miner would not be resurrecting its bid for its London-based competitor after a six-month block on trying again lifts at the end of November.
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