BHP’s pursuit of Anglo American has a major obstacle: South Africa
The Guardian -

The De Beers owner is a longstanding jewel in the African' state’s economic crown – it would be a ‘big blow’ to see it sold offThe world’s largest mining company has a problem. Australia’s BHP has set out its intention to snap up the rival miner Anglo American in a multibillion-pound deal that would reshape the global industry. Its proposed £31bn takeover plan has already been rebuffed as a lowball offer that undervalues the company. But Anglo’s deep roots in South Africa could be a far more...

Related Articles

Latest in News

More from The Guardian | Mining Mergers and acquisitions BHP Anglo American South Africa Commodities Business Africa World news Australia news