The bid cliff-edge coincides with today’s South African elections so an extension may be a wise course. A number of radical ideas seem to be on the table although political uncertainty, in South Africa and now in Britain, are key factors. Takeover tussle: Anglo American's Kumba iron ore operations in South Africa. It argues that its divestment plan for quoted South African offshoots avoids the execution risk of BHP ownership. City panjandrum Chambers and Anglo chief executive Duncan Wanblad deserve credit for keeping BHP at arms length.

Source: Daily Mail May 29, 2024 04:48 UTC