Hopefully the BHP board can now move on and let Anglo American reorganize themselves and separate out/divest the stuff they don't want leaving it open for an easier transaction in the future, The only issue is that the break up of Anglo will make some parts of it more attractive to other bidders besides BHP so there might be some competitive tension to deal with for the South American Cu assets and Australian Coal. I can see the Vale and the Chinese buying all the crap assets that BHP don't want like Kumba and Brazil Fe ore, who knows for the Platinum and diamond division and probably Glencore or the Saudis to buy the UK Polyhalite. I could see the South Africans insisting on a "SA Shitco" listing on the JSE with South African coal, PGE Diamonds, Manganese and Kumba iron ore all staying together, thats fine - that suits everybody else as well.....
BHP Price at posting:
$44.79 Sentiment: Hold Disclosure: Held
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