04:04 PM EDT, 05/23/2024 (MT Newswires) -- BHP Group ( BHP ) faces divided opinion from large Anglo American investors for the Australin mining giant's takeover bid for the UK company, Bloomberg reported Thursday.

In private conversations, five top-20 Anglo shareholders said they were open to the prospect of a deal, while four agreed with Anglo's strategy to press BHP for changes in the structure of the deal to resolve hurdles from the proposed multiphase approach, Bloomberg said.

The prospect of a deal remains alive with BHP given one week to convince Anglo of the value of its $49 billion acquisition plan, the report said.

Most of Anglo's major shareholders want BHP to increase its offer, especially if the structure isn't revised, according to the report.

BHP and Anglo did not immediately reply to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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