financetom
Business
financetom
/
Business
/
BHP has made renewed bid approach to Anglo American, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BHP has made renewed bid approach to Anglo American, Bloomberg News reports
Nov 23, 2025 4:21 AM

(Reuters) -Mining group BHP Group ( BHP ) has made a renewed takeover approach to rival Anglo American, Bloomberg News reported on Sunday.

BHP has made overtures to Anglo American in recent days, the report said, citing people familiar with the matter.

The deliberations are ongoing and there is no certainty they will lead to a deal between BHP and Anglo, the report said.

Reuters could not immediately verify the report.

BHP and Anglo American did not immediately respond to requests for comment outside regular business hours.

Last year, BHP walked away from its $49 billion plan to take over Anglo American, which rejected a last-ditch request for more time.

Anglo American has a market capitalisation of about $41.80 billion, while BHP has a market capitalisation of around $132.18 billion, based on LSEG data.

In September, London-listed miner Anglo American agreed plans to merge with Canada's Teck Resources in an all-share deal, marking the sector's second-biggest M&A deal ever and forging a new global copper-focused heavyweight.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Copyright 2023-2025 - www.financetom.com All Rights Reserved