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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>.
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...
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