BHP wins vote to buy Australia's Oz Minerals in $6.4 bln deal

Kitco Media
By Reuters
Published:
Updated:
Reuters
SYDNEY, April 13 (Reuters) - BHP Group has won support from Oz Minerals' shareholders to proceed with a A$9.6 billion ($6.43 billion)$6.4 billion takeover of the Australian copper and gold producer. Some 78.9% of proxy votes on behalf of Oz Minerals' investors were in favour of the takeover offer of A$28.25 per share at a shareholder meeting in Adelaide on Thursday. Oz Minerals' board had unanimously supported the bid.



($1 = 1.4930 Australian dollars) (Reporting by Scott Murdoch and Melanie Burton Editing by Alasdair Pal)

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