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New Deal


Announced

ITOCHU to acquire a 49.6% stake in 9404-5515 Québec from EQP Cooperatief and Korea Investment Private Equity for $560m.

Financials

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Transaction Value£459m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

Friendly

Asset Managers and Custodians

Pending

Private

Cross Border

Acquisition

Single Bidder

investment management company

Minority

Synopsis

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ITOCHU, a trading company that offers domestic trading, import and export, and overseas trading, agreed to acquire a 49.6% stake in 9404-5515 Québec, an investment management company that owns 15.0% shares of ArcelorMittal Mining Canada and ArcelorMittal Infrastructure Canada, from EQP Cooperatief and Korea Investment Private Equity for $560m.

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