CAPITAL MARKETS

Chinese make grab for OZ

EMBATTLED miner OZ Minerals has been thrown a lifeline of sorts, in the form of a $A2.6 billion takeover offer by China Minmetals.

Charlotte Dudley
Chinese make grab for OZ

In an announcement released just after market close, OZ said its board of directors had unanimously recommended a cash offer of 82.5c per share under a scheme of arrangement with China Minmetals Non-ferrous...

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