Anglo American’s shareholders are ready to accept a simpler deal from BHP, paving the way for a potential takeover of the FTSE 100 mining giant. Two significant Anglo shareholders said BHP’s current plan to spin-off parts of Anglo as part of a £34bn all-stock takeover was too complicated. However, they indicated that they would be willing to consider a revised bid that didn’t involve a break-up. One top 15 Anglo shareholder said: “Taking away that conditionality [of spinning-out parts of the business] can improve things.” It is a blow to Anglo chief Duncan Wanblad, who has been seeking to convince investors to support his rival plans to improve performance at the miner and unlock value. BHP chief executive Mike Henry spent part of this week at a major mining conference in Miami, where he is understood to have taken soundings from Anglo shareholders about what price they would be willing to accept. Part of the investor feedback is also understood to include criticism about the complexity of the deal. Another top 15 Anglo investor said: “We don’t need to accept any offer. There’s no gun to our head.” Anglo’s management has rebuffed two bids from BHP over the past few...