Mining giant BHP is weighing a possible takeover of rival Anglo American in what would be one of the biggest deals of the year. The potential sale of Anglo American, which owns the world’s largest diamond company De Beers, comes after its shares on the London Stock Exchange have fallen by almost 10pc over the past year. Discussions are at an early stage and there’s no certainty that BHP will proceed with the potential acquisition, Bloomberg reported. However, Anglo American confirmed the offer in a statement late on Wednesday. The company said it had received an “unsolicited, non-binding and highly conditional” all-share offer from BHP Group. The proposed takeover is contingent on Anglo American demerging its holdings in its platinum and iron ore businesses to its shareholders. Anglo American said that it is currently reviewing the proposal with advisers. BHP moved its primary stock market listing to Australia in 2022 as part of a sweeping overhaul of the nearly 140-year-old business, which involved scrapping its dual listing across London and Sydney. The move forced the business to drop out of the FTSE 100, where it was previously one of the index’s biggest members. However, it still holds a standard listing...