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New Deal


Announced

Jiangxi Copper to acquire a 18.015% stake in First Quantum Minerals from PIM for $1.1bn.

Financials

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Transaction Value£845m
Consideration TypeCash
Capital Owned-
Capital Bid For18%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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mining

Minority

Friendly

Canada

Acquisition

Pending

Copper

mineral exploration

Public

Single Bidder

copper mining

Private Equity

Synopsis

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Jiangxi Copper, a copper producer in Mainland China, agreed to acquire an 18.015% stake in First Quantum Minerals, a Canadian-based mining and metals company whose principal activities include mineral exploration, development and mining, from PIM, an investment company, for $1.1bn.

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