BHP in considering an improved takeover bid for Anglo American according to people familiar with the matter. (Gallo Images/Felix Dlangamandla)

The Australian miner is discussing with its advisers a revised proposal for Anglo American in the coming weeks, the people said, asking not to be identified as the matter is private. BHP is also in the process of discussing the merits of a deal with its key shareholders and trying to convince them to back the offer, the people said.

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