Anglo American brings in top shareholders to mull over BHP bid

Anglo American's chair is gathering feedback from top shareholders on BHP's $39 billion bid, labelled "opportunistic" and "undervaluing" by Anglo. Shareholders expressed doubts and support at the AGM, but questions are limited due to takeover regulations. BHP may improve its offer by May 22, amid Anglo's asset review and shareholder sentiments.

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SOURCE: REUTERS

By Clara Denina and Eric Onstad

LONDON (Reuters) -Anglo American's chair will meet its top 30 shareholders to hear views on BHP's $39 billion bid for the miner, he told an annual general meeting on Tuesday, where he was restricted from discussing the spurned offer by takeover regulations.

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