Ken MacKenzie expressed disappointment regarding BHP's attempts to acquire Anglo American, stating, 'we thought there was an opportunity here to create something unique and special... Unfortunately, Anglo American shareholders had a different view.' He outlined that, as a result of Anglo's decision, BHP has moved on to explore other growth opportunities.
The latest unsuccessful bid for Anglo was amid complex negotiations that involved potential divestments of significant South African assets, which were deemed unattractive by Anglo’s board. MacKenzie noted that 'the proposals were described as highly complex and unattractive' in the wake of the third failed offer.
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