# Australian court approves BHP’s $6.4 billion OZ Minerals takeover
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2023-04-17
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: BHP's $6.4 Billion Takeover of OZ Minerals Approved by
Meta Description: Global miner BHP Group Ltd has secured Federal Court approval for its A$9.6 billion ($6.44 billion) acquisition of OZ Minerals Ltd, making it the third-largest
URL: https://financedigest.com/australian-court-approves-bhps-6-4-billion-oz-minerals-takeoverhtml

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# Australian court approves BHP’s $6.4 billion OZ Minerals takeover

(Reuters) – Global miner BHP Group Ltd said on Monday the Federal Court of Australia had approved its A$9.6 billion ($6.44 billion) takeover of OZ Minerals Ltd.

The court approval follows overwhelming support from OZ Minerals shareholders for the deal, which is the third largest in global mining in recent months.

Shares of the Australian copper producer will be suspended from trading on the local bourse at the close of trading on Tuesday.

($1 = 1.4914 [Australian dollars)](https://www.financedigest.com/asian-stocks-make-7-month-highs-australian-dollar-gains-on-hot-inflation.html "Asian stocks make 7-month highs, Australian dollar gains on hot inflation")

(Reporting by Echha Jain in Bengaluru; Editing by Rashmi Aich)


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