By Melanie Burton and Scott Murdoch
MELBOURNE (Reuters) -BHP should move on from Anglo American and focus on its growth strategy, investors said on Monday, after the Australian company’s last-minute appeal to the London-listed firm that is nearing a $60 billion tie-up with Canada’s Teck Resources.
The world’s largest miner reached out to Anglo’s board in recent days to see if there was interest in a deal, Reuters reported on Sunday. But by Monday, BHP said it would no longer pursue a bid and instead focus on its own growth.
Its decision to walk away comes ahead of votes by Teck and Anglo shareholders – set for December 9 – to create Anglo Teck, a copper giant with major development projects in Chile and Peru.
BHP’s move suggests it is trying hard to shore up its pipeline of copper, whi

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