Mining industry braces for multi-billion pound Anglo American bidding war
by Jillian Ambrose Energy correspondent from World news | The Guardian on (#6MHTZ)
Glencore understood to be considering takeover offer while BHP could move again after initial rejection
The global mining industry is braced for a multi-billion pound bidding war for Anglo American amid growing speculation that mining companies are preparing rival bids.
The Australian miner BHP is understood to have sent senior executives to Anglo's base in South Africa to meet key company stakeholders after an initial offer of 31bn was rebuffed by Anglo's board last week.
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