(Reuters) -BHP Group said on Wednesday it believes it needs more time to engage with takeover target Anglo American, a week after the London-listed miner rejected its 38.6 billion pounds ($49.20 billion) offer.
BHP, the world’s largest listed mining group, also proposed a range of socio-economic measures to alleviate Anglo’s concerns regarding the deal structure, which comprises Anglo unbundling its platinum and iron ore assets in South Africa.
($1 = 0.7845 pounds)
(Reporting by Sameer Manekar in Bengaluru; Editing by Subhranshu Sahu)
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