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New Deal


Announced

Winfield Group offered to acquire Stanmore Coal for $292m.

Financials

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Transaction Value£239m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium36.5%
One Off Charge-

Tags

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Pending

Coal

coal mining

Australia

Friendly

Public

Acquisition

Single Bidder

Synopsis

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Winfield Group, an Australian coal provider, offered to acquire Stanmore Coal, a coal mining company, for $292m. The offer represented a premium of up to 36.5% to the company’s last close. Stanmore said Winfield's bid fell within the independent expert valuation range published during the unsuccessful takeover tilt by Indonesia-backed Golden Investments in late 2018.

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