MELBOURNE (Reuters) -- BHP on Monday pulled back from a last-ditch effort to buy Anglo American and bolster its dominance in copper, just two weeks before shareholders at Anglo and Canada's Teck Resources were set to vote on a $60 billion tie-up.
Commodities
BHP walks away from last stab at Anglo American takeover
Australian miner no longer pursuing deal following talks with Anglo board
A pedestrian walks by BHP headquarters in Melbourne on March 24: The Australian miner has abandoned efforts to buy counterpart Anglo American in favor of smaller projects. © Reuters
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