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BHP’s A$60b merger may kick off sector-wide M&A drive

Elsewhere, BHP and Vale are offering R$127b to settle Brazil dam disaster.

BHP CEO Mike Henry.

Dan Purves Tue, 30 Apr 2024

BHP’s unsolicited A$60 billion ($65.9) bid to break up Anglo American and take its most strategically aligned assets could be just the start of a sector-wide M&A drive to secure critical minerals for the energy transition, analysts say.

Macquarie Group research analyst for resources Rob Stein said

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Dan Purves Tue, 30 Apr 2024
Contact the Writer: dpurves@nbr.co.nz
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BHP’s A$60b merger may kick off sector-wide M&A drive
Investment,
103824
true