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BHP has made renewed bid approach to Anglo American, Bloomberg News reports

Written By: TDG Syndication
Last Updated: November 23, 2025 19:27:12 IST

(Reuters) -Mining group BHP Group 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. (Reporting by Gursimran Kaur in Bengaluru. Editing by Jane Merriman)

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