23
Nov
15:25
MMG to acquire Khoemacau copper mine for $1.9 billion
Australia-headquartered global resources firm MMG has signed an agreement to acquire Canada-based Cuprous Capital, the parent company of the Khoemacau Copper Mine in Botswana, for an enterprise value of $1.9 billion.
Under the share purchase agreement (SPA) signed by the firms, MMG will buy 100% of the issued share capital of Cuprous through its wholly-owned subsidiary MMG Africa Ventures. The company plans to meet the funding requirements through shareholder loan…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous