Mining giant BHP drops latest bid to buy rival Anglo American

FTSE 100-listed miner forces Australian company to walk away from takeover after rebuffing second approachBusiness live – latest updatesBHP has walked away from another attempt to take over rival miner Anglo American after it was again rebuffed, failing in a last-minute effort to disrupt the planned merger with Canadian mining business Teck Resources.The Australian mining company reportedly became interested in making another offer for FTSE 100-listed Anglo last week, more than a year after abandoning a £39bn attempt to buy the business. Continue reading...