21
Dec
02:40
BHP, OZ Minerals extend exclusivity period for takeover deal
Australian copper and nickel producer OZ Minerals has granted global miner BHP another week to finalilse its AUD 9.6 billion ($6.42 billion) takeover bid, Kallanish notes.
According to both parties, the exclusivity period has been extended for a further week until 27 December.
This follows confirmation by BHP to OZ Minerals of completion of due diligence and the proposed cash price of AUD 28.25 per OZ Minerals share.
The extension allows for finalisation and agr…
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Very good overview of the weekly steel market.
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