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Minmetals ups OZ bid ahead of AGM

WOULD-be suitor China Minmetals has put a nail in the coffin of competing bids for OZ Minerals assets ahead of today’s all-important annual general meeting after sweetening its offer by $US180 million ($A225 million), or 15%, to $1.39 billion.

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Minmetals ups OZ bid ahead of AGM

In a statement, OZ Minerals chairman Barry Cusack welcomed the revised offer price, which will be voted on by shareholders this morning at the annual general meeting. “The board of OZ Minerals unanimously...

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