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flag BHP has renewed its $49 billion all-share bid to acquire Anglo American amid ongoing merger talks with Canada’s Teck Resources.

flag BHP Group has renewed its bid to acquire Anglo American, according to sources, as talks continue amid Anglo’s ongoing $50 billion all-share merger with Canada’s Teck Resources. flag The proposed Teck deal, pending shareholder approval on December 9 and regulatory clearances in multiple countries, aims to create a top global copper producer. flag BHP’s previous $49 billion offer last year was rejected. flag Anglo’s shares have risen 17% this year, valuing it at around $31.9 billion, while BHP is worth over $130 billion. flag Both companies have not confirmed the new overtures. flag Proxy advisor Glass Lewis supports the Teck-Anglo merger, citing strong synergies and growth potential, with shareholder voting set for December 9.

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