Anglo American to Exit Diamonds and Platinum After Rebuffing BHP Bids

After rejecting a second takeover bid from BHP, mining peer Anglo American unveiled on Tuesday plans to divest or demerge its diamond, platinum, steelmaking coal, and nickel businesses as it seeks to radically simplify its portfolio to focus on its copper, premium iron ore, and crop nutrients assets.    Anglo American, which has been a target of two unsolicited takeover bids from BHP – both rejected – is now looking to unlock significant value from its portfolio and accelerate the delivery of “consistently stronger…