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Announced

13 Sep 2019

Completed

7 Feb 2020

IGIC completed the acquisition of Azumah Resources for A$28m.

Synopsis

IGIC, an investor in emerging copper, nickel, zinc and gold projects, completed the acquisition of Azumah Resources, a mineral exploration, and production company, for A$28m ($19.3m)

Principals

target

Azumah Resources

bidder

Igic Pte

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Market Context

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Seller Team (5)

michael atkins

Chairman at AZUMAH RESOURCES LIMITED

Manager

target

Deal

£ 15 M

Total Value

stephen stone

Managing Director at AZUMAH RESOURCES LIMITED

Manager

target

Deal

£ 15 M

Total Value

debra bakker

Non-Executive Director at AZUMAH RESOURCES LIMITED

Manager

target

Deal

£ 15 M

Total Value

linton putland

Non-Executive Director at AZUMAH RESOURCES LIMITED

Manager

target

Deal

£ 15 M

Total Value

caroline baker

Director at AZUMAH RESOURCES LIMITED

Manager

target

Deal

£ 15 M

Total Value

Bidder Team (3)

jasper johnson

Herbert Smith Freehills

Lawyer

bidder

Deals

£ 2.88 B

Total Value

panashi devchand

Senior Associate at Herbert Smith Freehills

Lawyer

bidder

Deals

£ 4.43 B

Total Value

david gray

Herbert Smith Freehills

Lawyer

bidder

Deals

£ 3.38 B

Total Value

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