BHP Says Anglo Investors Must Decide on Execution Track Record - Bloomberg
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BHP Says Anglo Investors Must Decide on Execution Track Record

  • Henry says Anglo platinum spinoff plan shows BHP deal doable
  • Anglo announced restructuring after rejecting BHP proposals
WATCH: Anglo American will exit diamond, platinum and coal mining in a restructuring designed to fend off a takeover bid from BHP. Martin Ritchie reports.Source: Bloomberg
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BHP Group Chief Executive Officer Mike Henry said investors must decide whether his team or the rival one at Anglo American Plc is best positioned to deliver value from their respective restructuring plans.

Henry’s counterpart at Anglo, Duncan Wanblad, announced on Tuesday that the storied mining company will exit diamond, platinum and coal mining, as it fends off a £34 billion ($43 billion) bid from BHP. The BHP CEO said his company would remain “disciplined” in its pursuit of Anglo.

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