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On 8 August 2022, BHP Group Limited (ASX: BHP ) proposed to acquire 100 percent of the outstanding shares of OZ Minerals Limited (ASX: OZL

On 8 August 2022, BHP Group Limited (ASX: BHP) proposed to acquire 100 percent of the outstanding shares of OZ Minerals Limited (ASX: OZL). Based on your own research, critically evaluate and analyse the acquisition of OZ Minerals Limited by BHP Group Limited. Your discussion should address but is not limited to the following questions. 1. What do you think are the economic rationales driving this acquisition for BHP? How did the share price of OZL react to the initial and subsequent acquisition offers by BHP? What can you infer from the price reaction as regards the underlying economic value of OZL?

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