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Australian mining giant BHP drops Anglo American takeover bid
Australian mining giant BHP drops Anglo American takeover bid
by  AFP

Australian resources giant BHP said Monday it had dropped a bid to take over British rival Anglo American that would have created the world's largest miner of copper. Bloomberg News reported on Sunday that BHP, the world's largest mining company, had approached Anglo with a bid in an attempt to disrupt a merger with Canadian peer Teck Resources.

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