South Africa: Thrice-Thwarted BHP Throws in the Towel On Anglo Bid, Capping a Month of High Drama

[Daily Maverick] Thwarted thrice by Anglo American in what ended up as a $49bn all-share bid for the rival mining group, BHP said on Wednesday it would not make a revised firm offer after the target declined to extend the 'put up or shut up' deadline. BHP had added some dessert items to its offering without changing the price and structure on the menu.

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