BHP shares open slightly lower after walking away from $49 bln Anglo takeover deal-March 2024-www.financetom.com

BHP shares open slightly lower after walking away from $49 bln Anglo takeover deal

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BHP shares open slightly lower after walking away from $49 bln Anglo takeover deal

May 29, 2024 5:43 PM

SYDNEY, May 30 (Reuters) - The Australian listed shares

of BHP Group ( BHP ) dipped 0.7% on Thursday, after the mining

giant walked away from its $49 billion plan to take over rival

Anglo American, ending for now its six-week pursuit.

The benchmark S&P/ASX200 index was largely flat in

early trading.

Anglo said after BHP's statement on Wednesday that it was

fully focused on delivering plans it has set out to increase

value to shareholders.

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