◂ Announcements

Dec 22, 2022ACQUISITIONAustralia

BHP to acquire Oz Minerals for A$9.6 billion

BHP Group is set to acquire Oz Minerals for approximately A$9.6 billion (US$6.7 billion), with the merger expected to complete in spring 2023. The deal will expand BHP's copper and nickel mining portfolio.

Value

$6.70B (9.60B AUD)

Status

Announced

Productscoppernickel

CompaniesBHP acquirer Oz Minerals target

Sectors#Mining Equipment

“The combination of BHP and Oz assets, skills and technical expertise provides a unique opportunity not available under separate ownership.”mining-technology.com

1 source
mining-technology.comBHP and Oz Minerals merger: A rebalance? - Mining TechnologyNnamdi AnyadikeFeb 23, 2023

Summarized from public sources; check the original articles before acting on it.

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BHP to acquire Oz Minerals for A$9.6 billion · Endata