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They further criticised the unsolicited approach as being "is highly unattractive" for Anglo's shareholders "given the uncertainty and complexity inherent in the proposal, and significant execution risks".
The company’s chairman, Stuart Chambers, described the proposal as 'opportunistic'
Investegate announcements from Rejection of BHP Proposal
British mining giant Anglo American has rejected a £31.
"The BHP proposal is opportunistic and fails to value Anglo American's prospects"