BHP 0.31% $45.29 bhp group limited

News: BHP Anglo American says BHP's revised bid "highly unattractive"

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    May 13 (Reuters) - Anglo American AAL.L on Monday said BHP's (BHP) latest bid that valued the company at 34 billion pounds ($42.67 billion) was "highly unattractive" for its shareholders.

    "...the latest proposal continues to contemplate a structure which the board believes is highly unattractive for Anglo American's shareholders, given the uncertainty and complexity inherent, and significant execution risks," the London-listed miner, which rebuffed the offer, said in a statement.

 
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