Anglo American Investors Open to a Takeover if the BHP Deal Is Simplified

BHP has until Wednesday to return with a binding offer or walk away under UK takeover rules Major shareholders in Anglo American are reportedly open to accepting a simpler takeover bid from its bigger rival BHP, which could create a mining juggernaut. The Telegraph reported that two major Anglo investors said BHP’s current plan to break up the business was too complicated but suggested they would consider a revised bid that did away with this element. “Taking away that conditionality can improve things,” one of Anglo’s 15…