BHP considering improved proposal for Anglo American after bid was rejected, source says
) after its $39 billion initial offer was rejected by the London-listed miner, a source familiar with the matter told Reuters.
BHP is in discussion for revised proposal for Anglo American in the coming weeks, the source said. The deliberations are currently ongoing and it hasn't made a decision on the size and structure of the new proposal, the source added.Bloomberg News first reported the news about BHP's improved proposal for Anglo American.
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