BHP Billiton acquires all of WMC Resources

3 August 2005

Minerals giant BHP Billiton has announced that it has completed the acquisition of all of the shares of WMC Resources and now owns 100% of the company some five months after launching its A$9.5 billion (€5.9 billion) takeover bid.

WMC Resources Ltd is a major diversified resources company and mines uranium at Olympic Dam in South Australia along with other minerals.

BHP Billiton offered A$7.85 (€4.9) per WMC share in the deal.

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