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News  ›  Benzinga

BHP Loses 'The Last Throw Of The Dice,' On Anglo American Acquisition

Benzinga Logo Benzinga • •By Stjepan Kalinic
BHP Loses 'The Last Throw Of The Dice,' On Anglo American Acquisition

BHP Group has withdrawn its attempt to acquire Anglo American, ending speculation about a potential merger. This comes weeks before Anglo's planned merger with Teck Resources, which would create a significant copper mining entity.

Insights
BHP   neutral

Withdrew acquisition bid but remains committed to organic growth pipeline