BHP Group Limited (NYSE:BHP) shares are trading lower today. The company and Lundin Mining Corp. (OTC:LUNMF) have agreed to jointly acquire all outstanding shares of Filo Corp. (OTC:FLMMF) for a total consideration of about C$4.1 billion, or C$33.00 per Filo share.  The offer represents a 32.2% premium over Filo Corp.’s 30-day volume-weighted average price on the TSX as of July 11, 2024, the day before transaction rumors surfaced, and a 12.2% premium over the company’s last closing price on July 29, 2024. BHP’s total cash payment for the proposed transaction is projected to be around $2.1 billion. As part of the Filo acquisition, BHP and Lundin Mining will also purchase 3.48 million common shares of Filo at C$33.00 per share, totaling C$115 million in gross proceeds. This share placement is intended to provide interim financing to Filo. Upon completion of the acquisition, BHP and Lundin Mining will each hold a 50% stake in Filo Corp. and the ...