BHP submitted the proposal for a $25 per share cash buy-out on Friday.
The proposed price represented a 32.1% premium to OZ's Friday closing price of $18.92 and a 41.
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BHP has made an A$8.4 billion cash takeover offer for Australian copper-gold producer OZ Minerals.
BHP submitted the proposal for a $25 per share cash buy-out on Friday.
The proposed price represented a 32.1% premium to OZ's Friday closing price of $18.92 and a 41.
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