BHP Group announced the acquisition of OZ Minerals. The cost of the acquisition was A$9.6 billion. BHP Lonsdale Investments executed the acquisition.
The acquisition of 100% of OZ Minerals shares cost A$28.25 per share.
BHP Group commented on the acquisition
The acquisition strengthens the company's copper and nickel businesses, which it said will also meet growing global demand for critical minerals used for electric vehicles, wind turbines and solar panels to support the energy transition.
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