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News: BHP UPDATE 1-South Africa views BHP bid for Anglo as 'normal market activity' - spokesperson

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    (Adds quote in paragraph 2, context in paragraph 3)

    JOHANNESBURG, April 29 (Reuters) - South African President Cyril Ramaphosa's spokesperson said on Monday that BHP Group's (BHP) proposed bid for Anglo American AAL.L was "normal market activity".

    "It is still early days in terms of the proposal that BHP has submitted to Anglo. From what we know, that initial proposal has been rejected," spokesperson Vincent Magwenya told a media briefing.

    BHP is

    considering making

    an improved offer for Anglo American after its $39 billion initial proposal was rejected by the London-listed miner, a source told Reuters last week.

 
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