Anglo Rejects BHP Again as Pressure Builds on Its Strategy

LONDON – Anglo American rejected a raised takeover offer of 34 billion pounds ($42.67 billion) from BHP Group on Monday, saying the world’s largest listed miner “continues to significantly undervalue” the company. The London-listed miner had already rebuffed BHP’s initial $39 billion all-share takeover proposal, made on April 25, dismissing it as opportunistic and saying…...