BHP Revives Appetite for Deals With Biggest Rivals in Sights. Bberg. Biggest miner has expanded its deals team, evaluating rivals. BHP’s deal deliberations are still in the early stages. After sitting dormant for more than a decade, BHP Group -- once mining’s most aggressive dealmaker -- is positioning itself for a return to large-scale M&A. BHP has expanded its dealmaking team, including in London, and is interested in pursuing a transformational deal, according to people familiar with the matter who asked not to be identified discussing private information. The company is evaluating rivals including Freeport-McMoRan Inc. and Glencore Plc, they said, while emphasizing that there is no indication it is preparing any bids at this point.
CHN Price at posting:
$8.28 Sentiment: Buy Disclosure: Held
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