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The Guardian - UK
The Guardian - UK
Business
Alex Lawson

Anglo American rejects BHP’s third takeover offer of £38.6bn

BHP Anglo Anglo American
a worker in full protective gear stokes a white hot furnace at a smelting plant
A worker at Anglo American Platinum's Unki mine in Shurugwi, Zimbabwe. Photograph: Philimon Bulawayo/Reuters

Anglo American has rebuffed a third takeover attempt by BHP after the Australian company sweetened its offer in an attempt to create a global mining titan.

BHP said it had submitted an “increased and final” bid of £31.11 a share for Anglo, which values the FTSE 100 company at £38.6bn, earlier this week.

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