BHP Billiton Ltd
(ASX:BHP) may make a $90-a-share takeover offer for US oil and gas company Anadarko Petroleum Corporation, the Daily Mail reported.
The news sent Anadarko shares to a two-year high. The London-based newspaper reported that BHP’s chief executive Marius Kloppers is “desperate” to complete a successful acquisition following abandoned deals with Rio Tinto and Potash Corp in recent months.
For the year ended 30 June 2010, BHP Billiton reported a net profit of $15.3 billion.
