Brief: Boliden To Acquire Controlling Stake In Nexa Resources
BRIEF-Boliden To Acquire Controlling Stake In Nexa Resources Aug 27 (Reuters) - 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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