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Oz Minerals rebuffs $5.8 billion takeover bid from BHP

Cecilia Jamasmie | August 08, 2022 | 3:44 am Intelligence Markets Top Companies Australia Australia NZ South Pacific Copper Nickel 

Australian copper producer OZ Minerals (ASX: OZL) rejected on Monday an unsolicited A$8.4 billion ($5.8 billion) takeover bid from the world’s largest miner BHP (ASX:BHP), stating that it “significantly undervalued” the firm. Earlier on Monday, BHP had offered A$25 per share for Oz...

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