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Corporate News

BHP seeks more time for US$49bil takeover talks with Anglo American

BHP said it believes a further extension of the deadline is required to allow for further engagement on its proposal. — Bloomberg

NEW YORK: The world’s largest miner, BHP Group Ltd, is seeking more time for takeover talks with smaller rival Anglo American Plc.

“BHP believes a further extension of the deadline is required to allow for further engagement on its proposal,” it said in a statement yesterday.

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BHP , TakeoverTalks , AngloAmerican , Merger , ShareOffer , FailedBid , SixMonthWait

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