The regulatory maze in SA that could influence BHP’s bid for Anglo
BHP Group finds itself at a crossroads after its $39 billion bid for Anglo American was rebuffed. As the world's leading miner mulls its next move, attention turns to South Africa's intricate regulatory landscape. The proposed acquisition triggers a cascade of hurdles from antitrust scrutiny to labour union rights. With the potential for protracted negotiations, the outcome hinges on navigating complex interests in a deal that promises to reshape the mining sector's landscape.
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By Nelson Banya
May 10 (Reuters) – BHP Group is weighing its next move after its initial $39 billion proposal to buy Anglo American was rejected.
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