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New Deal


Announced

A-Property to acquire Sibanthracite Group from Alltech Group for $1bn.

Financials

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Transaction Value£729m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private Equity

Private

Friendly

Single Bidder

Russian Federation

Acquisition

Domestic

Pending

Coal

metallurgical coal

Synopsis

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A-Property, Albert Avdolyan's company, agreed to acquire Sibanthracite Group, a coal producer, from Alltech Group, an investment firm, for $1bn. Sibanthracite will maintain its independence as a separate company under the deal. The agreement stipulates that long-term contracts will be signed with Sibanthracite’s top managers and includes provisions for their participation in the company’s share capital.

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