11
Apr
05:21
OZ Minerals gets Vietnam's approval for buyout by BHP
Australian miner OZ Minerals says its AUD 9.6 billion ($6.4 billion) buyout by global miner BHP has received approval from Vietnam.
Vietnam’s Competition and Consumer Authority has provided clearance for BHP Lonsdale Pty Ltd’s proposed acquisition of 100% of the shares in OZ Minerals by way of scheme of arrangement, Kallanish notes.
The scheme, however, remains subject to certain other conditions, including approval of the schem…
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