BARRY FITZGERALD

The inflated expectations by the OZ deflated

THERE is a feeling of deflation in some quarters now that BHP has managed to win over the OZ Minerals board by increasing its cash bid by “only” 13% or A$1.1 billion to $9.6 billion, writes <b>Barry FitzGerald</b>.

Barry FitzGerald
 OZ's Brazil assets will likely be on the chopping block

OZ's Brazil assets will likely be on the chopping block

But the reality is that the increase in the offer from the spurned $25 a share in August to $28.25 a share is as good an outcome as OZ could have hoped for. As the only bidder, there was no need for...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.