# BHP and Lundin Mining to acquire Filo Corp. for C$4.1 billion

BHP and Lundin Mining have agreed to jointly acquire Filo Corp. for about C$4.1 billion, or C$33.00 per share, gaining 100% of the Filo del Sol copper project. They will also form a 50/50 joint venture to hold the Filo del Sol and Josemaria projects.

- Type: Acquisition
- Announced: 2024-07-29
- Where: Vicuna district, Argentina and Chile, Argentina
- Value: $3.02B (4.10B CAD)
- Status: announced
- Products: copper
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [BHP](https://endata.com/companies/8229.md) (acquirer)
- [Lundin Mining Corporation](https://endata.com/companies/18066.md) (acquirer)
- [Filo Corp.](https://endata.com/companies/78869.md) (target)

## Sources

- [rttnews.com](https://www.rttnews.com/3463770/bhp-and-lundin-mining-to-acquire-filo-corp-for-about-c-4-1-bln.aspx), 2024-07-30: "BHP and Lundin Mining have agreed to jointly acquire Filo Corp. for total consideration of about C$4.1 billion, or C$33.00 per Filo Corp. share."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.