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Shareholders vote in favour of mining giant BHP's $9.6bn takeover of Oz Minerals

Oz Minerals BHP Mining Andrew Cole Adelaide South Australia

BHP is set to wrap up its takeover of Oz Minerals after shareholders voted to accept its offer. (ABC News: Keane Bourke)

Mining giant BHP's proposed $9.6 billion takeover of Oz Minerals was overwhelmingly approved by shareholders at a meeting in Adelaide on Thursday, with 98.33 per cent of votes in favour.

The board of Oz Minerals had recommended shareholders accept the offer, which was initially rejected in August, before BHP upped the bid from $25 a share to $28.25 in December.

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