Mining giant BHP makes $39 billion bid for Anglo American.

Kaya Biz

GUEST - David Shapiro, chief investment strategist at Sasfin Wealth
The world’s largest mining company, BHP Group, has made a takeover approach for rival Anglo American, a move that could spark the biggest shakeup in the industry in over a decade. Anglo American said late on Wednesday that it had received an unsolicited all-share merger proposal, after several media platforms reported that BHP was considering a potential offer. Anglo added BHP’s proposal was conditional on the company first splitting off its South African platinum and iron ore units. Kaya FM