OZL News: UPDATE 3-OZ Minerals rejects BHP's $5.8 bln nickel-copper play as undervalued - 8th Aug 2022, 8:26am

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* BHP made A$8.34 bln offer for OZ Minerals on Friday

* BHP CEO "disappointed" with rejection (Adds OZ comments on reasons for rejection in paragraphs 2, 7-10)

By Shashwat Awasthi

Aug 8 (Reuters) - Australia's OZ Minerals rejected a A$8.34 billion ($5.8 billion) takeover proposal from BHP Group as the global miner seeks to tap metals like nickel and copper to ride a boom in electric vehicle demand.

OZ said the A$25 per share unsolicited, conditional and non-binding indicative offer, made on ...

>>> Read more: UPDATE 3-OZ Minerals rejects BHP's $5.8 bln nickel-copper play as undervalued
 
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