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Home / Metal News / BHP: OZ Minerals Takeover Deal Has Obtained Australian Court Approval

BHP: OZ Minerals Takeover Deal Has Obtained Australian Court Approval

May 5, 2023 14:39

Source:SMM

BHP said Australia's Federal Court had approved its A$9.6 billion ($6.44 billion) takeover of OZ Minerals, the largest deal since BHP's $12.1 billion takeover of Petrohawk Energy in 2011.

BHP said Australia's Federal Court had approved its A$9.6 billion ($6.44 billion) takeover of OZ Minerals, the largest deal since BHP's $12.1 billion takeover of Petrohawk Energy in 2011. The court ruling is the last hurdle in BHP's takeover of OZ Minerals after the deal received overwhelming support from the target company's shareholders, with 98.33% voting in favor of the deal on Friday.

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BHP: OZ Minerals Takeover Deal Has Obtained Australian Court Approval

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit