.bhp and OZMinerals has struck a takeover deal worth $9.6billion copper mining acquisition Australia resources batterymaterials CriticalMinerals
PERTH – Diversified miner BHP and copper miner Oz Minerals have entered into a scheme implementation deed under which BHP would acquire all of the shares in Oz at a price of A$28.25 each, valuing Oz Minerals at A$9.6-billion.
“The SID provides Oz Minerals shareholders with an opportunity to realise certain value for their OZ Minerals shares at a compelling premium. This offer price represents a 49.3% premium to the undisturbed share price prior to BHP’s Initial Proposal.
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