The world’s largest mining company, BHP, is expected to boost its $43bn (R788.17bn) bid for rival Anglo American to expand its footprint in the copper market, but shareholders of the target company will have the final say, analysts said this week.

BHP has until May 22 to announce its final firm intention to make an offer or walk away under the UK Takeover Code. However, analysts doubt BHP will pay more...

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