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Announced

Completed

Outokumpu led a $16m investment in FPX Nickel.

Financials

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Transaction Value£12m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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nickel mining

General Mining

Acquisition

Completed

Single Bidder

Public

Canada

Cross Border

Private Equity

Minority

Friendly

Synopsis

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Outokumpu, a stainless steel producer, led a $16m investment in FPX Nickel, a nickel mining company. “This strategic investment by Outokumpu represents a significant technical validation of FPX’s Baptiste Nickel Project, and underscores Canada’s critical role as a supplier of choice to allied industrial partners in Europe and the United States,” Martin Turenne, FPX President and CEO.

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