Mining giant BHP has renewed its takeover bid for Anglo American, following the latter’s recent merger agreement with Teck Resources, which aims to create a significant player in the copper market. Although discussions are ongoing, there is no guarantee of a deal. BHP’s market capitalization stands at approximately $132.18 billion, compared to Anglo’s $41.80 billion. If successful, the merger would establish the world’s largest copper producer, surpassing the new Anglo-Teck entity.
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