Top BHP execs in SA to argue for merger
But delegation, including CEO Mike Henry, says Anglo bid just a ‘nice to have’
05 May 2024 - 06:54
Top executives of BHP Billiton are said to have told a range of stakeholders while on a charm offensive in Johannesburg this week that their $39bn (about R720bn) bid for Anglo American — minus its South African assets — is not a “must do” transaction for the Australian mining giant.
Business Times understands that BHP CEO Mike Henry led the mission to South Africa to meet a range of stakeholders including local shareholders of both companies, government leaders and other parties with an interest in the deal...
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