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Anglo American rejects BHP’s third takeover offer of £38.6bn
![Anglo American rejects BHP’s third takeover offer of £38.6bn](https://i.guim.co.uk/img/media/0f9e2319cb4a332a06ce7286b1ad347dd702ad5a/0_174_4068_2441/master/4068.jpg?width=460&quality=85&auto=format&fit=max&s=ac47d06f47197658e3e60447e4c5caa3)
Australian firm says £31.11 a share is its final offer, but FTSE 100 miner agrees to enter talks with larger rival
Anglo American has rebuffed a third takeover attempt by BHP after the Australian company sweetened its offer in an attempt to create a global mining titan.
BHP said it had submitted an “increased and final” bid of £31.11 a share for Anglo, which values the FTSE 100 company at £38.6bn, earlier this week.
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