BHP Is Said to Have Offered £40 Billion in Aborted Anglo Bid

BHP Group offered around £40 billion ($53 billion) in its now-aborted attempt to acquire Anglo American Plc, according to people with knowledge of the matter.

The commodities giant bid about £34 per share for Anglo American, the people said, asking not to be identified because the information is private. The offer was mostly stock, but also included a cash component, Bloomberg News has reported.