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BHP won't pursue OZ 'at any cost'

BHP CEO Mike Henry has again expressed disappointment at OZ Minerals’ response to its A$8.4 billion per share takeover proposal.

BHP won't pursue OZ 'at any cost' BHP won't pursue OZ 'at any cost' BHP won't pursue OZ 'at any cost' BHP won't pursue OZ 'at any cost' BHP won't pursue OZ 'at any cost'

BHP CEO Mike Henry (left) and CFO David Lamont

The $25 per share proposal was sent to ASX-listed OZ on August 5 and disclosed on August 8, with OZ rejecting it as inadequate and denying BHP the opportunity to conduct due diligence.