BHP Group withdrew its offer to acquire Anglo American.

BHP Group, an Australian multinational mining and metals public company, withdrew its offer to acquire Anglo American, a British multinational mining company. Financial terms were not disclosed. Following preliminary discussions with the Board of Anglo American, BHP Group confirms that it is no longer considering a combination of the two companies. Whilst BHP continues to believe that a combination with Anglo American would have had strong strategic merits and created significant value for all stakeholders, BHP is confident in the highly compelling potential of its own organic growth strategy.