London | Anglo American chief executive Duncan Wanblad says he wants to close the door on further discussions with rejected suitor BHP, as he seeks space to “crack on” with his own plan to restructure the miner and supercharge returns.
He also told AFR Weekend that he hoped Anglo American would not attract another bidder while he works on selling the diamond, platinum, nickel and Queensland coking coal businesses critical to his turnaround strategy. These divestment processes underpin the Anglo American board’s conviction that it is better off alone, and were “starting right now”, he said. Advisers had yet to be appointed.