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New Deal


Announced

Completed

Epiroc completed the acquisition of 70% stake in MineRP from Dundee Precious for $40m.

Financials

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Transaction Value£29m
Consideration TypeCash
Capital Owned-
Capital Bid For70%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Gold Mining

mining company

Private

Canada

Completed

Majority

Single Bidder

Cross Border

Friendly

Synopsis

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Epiroc, a manufacture of core components to drilling equipment, completed the acquisition of 70% stake in MineRP from Dundee Precious, a Canadian-based international gold mining company, for $40m. “We acquired MineRP in 2017 as part of our ongoing strategy to drive innovation at DPM and to leverage a technology with the potential to transform the mining industry. Having substantially advanced our initiatives and supported MineRP in developing its software to position it for its next phase of growth, the time is right for DPM to divest our interest as we continue to focus on our core mining assets," David Rae, Dundee Precious President & CEO.

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