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02 May
17:48

BHP closes $6.4 billion OZ Minerals takeover

BHP confirmed on Tuesday completion of its takeover of OZ Minerals Limited (OZL), strengthening its copper and nickel portfolio to meet growing EV demand, Kallanish reports. As a result of the deal valued at AUD 9.60 billion ($6.4 billion), OZL has requested to be removed from the official list of the Australian Stock Exchange. The transaction was carried out by BHP Lonsdale Investments Pty Limited at a total consideration of AUD 28.25 per share. Welcoming the OZ…
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