Anglo American Rejects BHP Billiton Bid: What Happens Next?

Ben Davis, mining analyst at Liberum, comments on Anglo American's widely-expected rejection of a $39 billion takeover proposal from BHP. Analysts and some Anglo investors had seen BHP’s proposal as well below the sort of price that would bring the 107-year-old miner to the table. "The structure was very unattractive," Davis tells Bloomberg Television. "They were asked to spin out Kumba [Kumba Iron Ore] and the Anglo platinum [Anglo American Platinum] stake holdings to their shareholders, which would have created a huge amount of flowback uncertainty."
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[@user-ex7mz2sf3i]

it's called BHP since 2017.
BHP Billiton was YEARS ago, but BHP quite rightly disposed of most of Billiton's inferior assets after the merger.

[@Caramelito80]

Cue South African Fund managers, quietly increasing stakes in BHP! Anglo American will always be a Legacy South African Company.