BHP Group wants extension to $49 billion Anglo American takeover talks as deadline looms

BHP Group wants extension to  billion Anglo American takeover talks as deadline looms

Chris Ratcliffe | Bloomberg | Getty Images

LONDON — BHP Group on Wednesday said it believes an extension to talks with takeover target Anglo American is necessary, as the deadline for discussions looms later in the session.

The Australian miner said in a statement that it had proposed a number of “socioeconomic measures” to address concerns over its bid, but added that more time was needed for discussions.

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