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BOL — Boliden AB (publ) News Story

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Brief: Boliden To Acquire Controlling Stake In Nexa Resources

BRIEF-Boliden To Acquire Controlling Stake In Nexa Resources

- Boliden AB (publ) BOL.ST:

  • TO ACQUIRE CONTROLLING STAKE IN NEXA RESOURCES

  • VOTORANTIM TO RECEIVE 0.250X NEWLY ISSUED BOLIDEN SHARES PER NEXA SHARE

  • TO OWN 64.68% OF NEXA; VOTORANTIM TO OWN 7.0% OF BOLIDEN

  • TO LAUNCH VOLUNTARY TENDER OFFER FOR REMAINING NEXA SHARES

  • TOTAL IMPLIED CONSIDERATION FOR TRANSACTION IS USD 1.31 BILLION

  • TRANSACTION IMPLIES A TOTAL EQUITY VALUE OF NEXA OF ABOUT USD 2.03 BILLION

  • DEAL IMPLIES NEXA EQUITY VALUE OF USD 2.03 BILLION, ENTERPRISE VALUE OF USD 3.67 BILLION

  • TOTAL IMPLIED CONSIDERATION FOR DEAL IS USD 1.31 BILLION

  • SECURES FULLY COMMITTED BRIDGE FINANCING FACILITY TOTALING USD 2 BILLION

  • CLOSING EXPECTED IN FIRST QUARTER OF 2027, SUBJECT TO SHAREHOLDER AND REGULATORY APPROVALS

Source text: ID:nWkr2Glgpl

Further company coverage: BOL.ST


(Gdansk Newsroom)

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