April 2024: BHP made an all-share offer initially at US$39bn, raised to US$49.8bn; its structural condition, Anglo first demerging Anglo American Platinum (Amplats) and Kumba Iron Ore to Anglo shareholders, was rejected by the Anglo board in May 2024; BHP walked away on 29 May 2024. The largest M&A approach ever involving a South African-headquartered target; it triggered Anglo’s subsequent portfolio revolution (see #1, #4, #8, #11).
Value: US$49.8bn (rejected/withdrawn) (verified against public announcements).
Advisers: No legal adviser is identified in the public record reviewed by The Meridian.
Recorded by The Meridian research desk from public announcements, regulatory filings and financial press coverage. Dates and values are as publicly reported.
