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BHP Revives Bid to Challenge Anglo American's Merger

11/23/2025

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Summary

Story summary

BHP Group has renewed its takeover bid for Anglo American to disrupt Anglo American's merger with Teck Resources.
The cash-and-stock offer arrives as Anglo American's shareholders vote on Teck merger valued over $60 billion.
BHP's market value tops $130 billion, while Anglo American is about $41.8 billion.
The latest approach is simpler than last year's $49 billion bid, while regulators scrutinize the merger.
Anglo American's shares rose 11%, complicating valuation.

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Story summary

BHP Group has renewed its takeover bid for Anglo American to disrupt Anglo American's merger with Teck Resources.
The cash-and-stock offer arrives as Anglo American's shareholders vote on Teck merger valued over $60 billion.
BHP's market value tops $130 billion, while Anglo American is about $41.8 billion.
The latest approach is simpler than last year's $49 billion bid, while regulators scrutinize the merger.
Anglo American's shares rose 11%, complicating valuation.