Chanticleer
BHP’s complex bid for Anglo American is a bet on the future
After years of shrinking to greatness, BHP boss Mike Henry is eyeing a deal that could deliver a triple victory. But it’s complex, and possibly risky.
After years of simplification and shrinking to greatness, BHP is set to embark on the deal equivalent of a somersault with a double pike.
That’s not to say that a £31.1 billion ($60 billion) bid for Anglo American doesn’t make sense.
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