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Anglo American rejects BHP's last-ditch attempt to continue takeover talks

Anglo American rejected BHP Group's last-ditch request for more time to discuss a $49 billion takeover offer, dismissing it as highly complex and likely ending a five-week pursuit by the bigger rival.

Anglo had granted BHP a one-week extension until 1600 GMT on Wednesday to its original May 22 deadline to submit a binding offer, after rejecting a third takeover proposal that it dismissed as difficult to execute.

BHP still has until then to make a firm offer or walk away. It did not immediately respond to a request for comment, but has previously indicated it would not make a hostile bid.

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