BHP executives seek South African authorities' approval for a R720bn takeover of Anglo American, with plans for Anglo to spin off its SA platinum and iron ore businesses.
BHP executives are in South Africa to win over authorities for a R720bn takeover deal of Anglo American, despite the company having no presence in SA and intending to keep it that way by having Anglo spin off its SA platinum and iron ore businesses before the acquisition. The deal is a significant regulatory challenge due to its size and requires approval from various jurisdictions.
May 06, 2024
3 Articles