OZL News: BHP Group (BHP) and OZ Minerals Finalize $6.4B Takeover Deal - 23rd Dec 2022, 1:34am

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Shares of BHP Group BHP gained 2% on Dec 21 following news that the company has entered into a Scheme Implementation Deed with OZ Minerals Limited to acquire the latter for a cash price of A$28.25 ($18.67) per share. This brings the mining giant a step closer to closing in on its biggest acquisition in the decade. This takeover would significantly enhance its exposure to future-facing commodities while adding attractive synergies.

The execution of the Scheme Implementation Deed follows the co...

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