Ann: OZL: Proposed acqn by BHP - Brazilian competition approval, page-5

First 5 Last

Share
Profile

Follow
curiouswon

3,926 Posts.

586

06/02/23

13:07

Post #: 66094599
Share
Originally posted by Clark888: ↑

Yes.

Conditions precedent [Scheme Implementation Deed, page 2]
3.1 Conditions
Subject to this clause 3, the Scheme will not become Effective, and the obligations of BHP under clause 2.2 are not binding, until and unless each of the following Conditions are satisfied or waived in accordance with clause 3.4:
(a) Regulatory Approvals: Before 5:00pm on the Business Day before the Second Court Date:
(i) Brazil competition approval: BHP has received clearance by the Brazil Administrative Council for Economic Defense in respect of the Transaction either unconditionally or on conditions (including any undertakings) that are acceptable to BHP and OZL (each acting reasonably);
(ii) Vietnam competition approval: BHP and OZL have received clearance (whether by expiry of the relevant review period or express confirmation) from the Vietnam Competition and Consumer Authority (or any other entity

Brazil Merger Guide (FYI)
https://www.mergerfilers.com/guide.aspx?expertjuris=Brazil#guidebook

Cheers

These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts

Expand

thanks - i have now seen that OZL has some copper interests in Brazil
BHP Price at posting: $48.34 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Oz core inflation at 2.7%; August cut odds still unclear; ASX200 rises

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

IXR

Ionic Rare Earths falls -7% as momentum slips on vague production update

HAR

Haranga jumps +7% on Lincoln acquisition

NUZ

Neurizon inks $1.5M loan against R&D Tax Rebate

First 5 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $40.35		Change -0.070(0.17%)		Mkt cap ! $204.7B

Open	High	Low	Value	Volume
$40.25	$40.57	$40.23	$82.77M	2.049M

Buyers (Bids)

No.	Vol.	Price($)
19	3874	$40.34

Sellers (Offers)

Price($)	Vol.	No.
$40.35	2652	15

View Market Depth

No.	Vol.	Price($)
20	3950	40.340
15	7174	40.330
17	8448	40.320
18	11883	40.310
14	4802	40.300

Price($)	Vol.	No.
40.350	2626	15
40.360	2115	6
40.370	6391	17
40.380	4409	13
40.390	3293	11

Last trade - 14.00pm 30/07/2025 (20 minute delay)

BHP (ASX) Chart

Ann: OZL: Proposed acqn by BHP - Brazilian competition approval, page-5

Oz core inflation at 2.7%; August cut odds still unclear; ASX200 rises

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

Ionic Rare Earths falls -7% as momentum slips on vague production update

Haranga jumps +7% on Lincoln acquisition

Neurizon inks $1.5M loan against R&D Tax Rebate

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: OZL: Proposed acqn by BHP - Brazilian competition approval, page-5

Top Stories

Oz core inflation at 2.7%; August cut odds still unclear; ASX200 rises

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

Ionic Rare Earths falls -7% as momentum slips on vague production update

Haranga jumps +7% on Lincoln acquisition

Neurizon inks $1.5M loan against R&D Tax Rebate

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News