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Market Chatter: BHP Group Abandons Bid After Anglo American Refuses to Budge on Rejection
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Market Chatter: BHP Group Abandons Bid After Anglo American Refuses to Budge on Rejection
May 29, 2024 8:44 AM

11:26 AM EDT, 05/29/2024 (MT Newswires) -- BHP Group ( BHP ) said it will not make a firm offer for Anglo American before Wednesday's 5 p.m. UK deadline, opting instead to walk away from the negotiating table for at least six months, Bloomberg reported.

(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.)

Price: 60.31, Change: +0.71, Percent Change: +1.19

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