Australia clears Oz Minerals deal (Dealscape

Oz Minerals Ltd. gained clearance Thursday to sell most of its mines to state-controlled China Minmetals Corp. for $1.2 billion after a revised plan won the support of Australia's Treasury.

The ruling clears the way for the largest-ever acquisition of an Australian mining operation by a foreign, state-owned company and comes amid popular opposition to the sale of mining assets to China, which is one of the biggest buyers of Australian raw materials.

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151 in-depth reports of M&A deals in the Metals sector
136 company pages related to Australia
21 articles related to China Minmetals Corp.
14 articles related to Oz Minerals Ltd.
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NOT A SUBSCRIBER? Australia clears Oz Minerals deal Posted on April 23, 2009 6:27 PM Oz Minerals Ltd. gained clearance Thursday to sell most of its mines to state-controlled China Minmetals Corp. for $1.2 billion after a revised plan won the support of Australia's Treasury. The ruling clears the way for the largest-ever acquisition of an Australian mining operation by a foreign, state-owned company and comes amid popular opposition to the sale of mining assets to China, which is one of the biggest buyers of Australian raw materials. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline. 151 in-depth reports of M&A deals in the Metals sector 136 company pages related to Australia 21 articles related to China Minmetals Corp. 14 articles related to Oz Minerals Ltd. 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Skadden Arps Idearc Inc. Deutsche Bank Amusement parks Deb Shops Windstream Corp. Concho Resources Hanna Andersson Tween Brands Edward Bastian		EXISTING USERS Username Password Forget your password? Missing a product?

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