BHP's Game-Changing Move: Can It Crash the Anglo-Teck $57B Marriage?

Just when everyone thought the dust had settled, BHP Group is back with a fresh takeover bid for Anglo American—and this time, the timing is absolutely wild.

Here’s the plot twist: Anglo and Teck were supposed to merge for $57 billion (shareholders voting December 9). Now BHP suddenly wants in? Sources say the Aussie mining giant renewed its interest in recent days, barely 13 months after its last 39 billion pounds offer got shot down by Anglo’s board.

Why Now?

The timing screams disruption. BHP knows Teck shareholders haven’t sealed the deal yet. A well-timed counter-offer could flip the entire script—convince Anglo’s board that staying independent and merging with a stronger player (BHP) makes more sense than combining with Teck.

What’s at stake:

• Global mining landscape could get reshuffled
• Teck deal hangs in the balance
• Shareholders face a crucial December 9 vote with potential chaos brewing

The mining world doesn’t do subtle. This is textbook M&A poker, and BHP just went all-in.