Thanks for joining me. British mining giant Anglo American has rejected a blockbuster £31.1bn takeover bid from Australian rival BHP, arguing that it was too low.
“The board has considered the proposal with its advisers and concluded that the proposal significantly undervalues Anglo American and its future prospects,” the London-listed company said in a statement one day after BHP launched its colossal bid, adding that the deal was “highly unattractive”.
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