ReutersReuters

BHP Group slips on joint acquisition of Filo Corp with Lundin Mining

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** Shares of BHP Group BHP fall as much as 1.8% to A$41.310, set for their worst day since July 19, if losses hold

** Stock hits lowest level since July 25

** The world's largest listed miner said in a joint statement with Canada-listed Lundin Mining LUN that they will take over developer Filo Corp (FIL.TO)

** Under the deal, BHP expected to pay $2.1 bln in cash

** BHP and LUN to form a 50/50 joint venture to hold both Filo del Sol and Josemaria projects around the Argentine-Chile border

** BHP has fallen 16.5% this year, as of last close, compared with a 15.4% decline in the ASX 300 Metals and Mining index XXMM

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