BHP shares open slightly lower after walking away from $49 billion Anglo takeover deal By Reuters

SYDNEY (Reuters) – The Australian listed shares of BHP Group (NYSE:) dipped 0.7% on Thursday, after the mining giant walked away from its $49 billion plan to take over rival Anglo American (JO:), ending for now its six-week pursuit.

The benchmark S&P/ASX200 index was largely flat in early trading.

Anglo said after BHP’s statement on Wednesday that it was fully focused on delivering plans it has set out to increase value to shareholders.