BHP Group on Wednesday said it would not be making a firm offer for Anglo American, shortly after the latter rejected a request to extend takeover talks.
Anglo American has rejected a last minute plea from larger rival BHP to extend talks about a £38billion takeover, effectively ending the five week takeover battle for the mining giant.
Australian mining giant BHP Group on Wednesday pledged to invest in South Africa's economy as it seeks support for a 38.6 billion pound ($49.3 billion) bid to acquire Anglo American, which was founded in the country more than a century ago…