28
Dec
01:47
BHP, OZ Minerals enter into scheme implementation deed
Global miner BHP has entered into a scheme implementation deed (SID) with Australian miner OZ Minerals to acquire 100% of OZ Minerals by way of a scheme of arrangement for a cash price of AUD 28.25 ($19.03) per share or AUD 9.6 billion, Kallanish notes.
The SID confirms the terms of the scheme and BHP’s non-binding indicative proposal announced on 18 November.
The execution of the SID follows the completion of a four-week exclusive due diligence per…
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Very good overview of the weekly steel market.
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