BHP is back! This time it aims to target the $57 billion merger between Anglo American and Teck. A year ago, BHP's bid of £39 billion was rejected, and now it suddenly turns around as shareholders are about to vote on the Anglo-Teck deal on December 9. BHP's move this time is somewhat bold. If it succeeds, the global mining landscape will be reshuffled. However, whether the board will still firmly reject it remains to be seen, as there is a history there. This big drama in the mining circle has just begun.
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BHP is back! This time it aims to target the $57 billion merger between Anglo American and Teck. A year ago, BHP's bid of £39 billion was rejected, and now it suddenly turns around as shareholders are about to vote on the Anglo-Teck deal on December 9. BHP's move this time is somewhat bold. If it succeeds, the global mining landscape will be reshuffled. However, whether the board will still firmly reject it remains to be seen, as there is a history there. This big drama in the mining circle has just begun.