By Ben Otto and David Winning
Mining giant BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry. Anglo American said Thursday that it had received an unsolicited, non-binding combination proposal from BHP. The proposal, which Anglo American called highly conditional, comprises an all-share offer for Anglo American. Anglo American said its board is currently reviewing the proposal with advisers.
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(END) Dow Jones Newswires April 24, 2024 22:14 ET (02:14 GMT) Copyright (c) 2024 Dow Jones & Company, Inc. | 
