Southern Finance, April 25th - According to Interface News, BHP Billiton confirmed on April 25th that it has proposed a full share acquisition to Anglo American Resources Group, with a valuation of £ 31.1 billion for the latter. Anglo American Resources Group confirmed on the 24th that it has received a full share merger proposal from BHP Billiton. The board of directors of Anglo American Resources Group stated that they are reviewing the proposal and it is currently uncertain whether BHP Billiton will make a takeover offer. Anglo American Resources Group stated that BHP Billiton's proposal is conditional on the company first splitting up Anglo American Platinum and Kumba Iron Ore. If it ultimately goes through, this merger is likely to become the largest acquisition deal in the world this year.