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New Deal


Announced

Antofagasta to acquire a 19% stake in Compañia de Minas Buenaventura.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For19%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

metals mining

Gold Mining

Public

Peru

Acquisition

Cross Border

Minority

Pending

Synopsis

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Antofagasta, a copper mining company, agreed to acquire a 19% stake in Compañia de Minas Buenaventura, a precious metals company. Financial terms were not disclosed. “Buenaventura looks forward to working with Antofagasta as a collaborative partner to grow the value of our business, including by leveraging their deep expertise and proven track record in responsibly developing and operating world-class copper assets,” Roque Benavides, Buenaventura Chairman.

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