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New Deal


Announced

Completed

Stanmore Resources completed the acquisition of the remaining 50% stake in MetRes from M Resources.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned50%
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

Australia

Private

coal mines

General Mining

Completed

Acquisition

Domestic

Single Bidder

Synopsis

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Stanmore Resources, a supplier of metallurgical coals, completed the acquisition of the remaining 50% stake in MetRes, the owner of the Millennium and Mavis Downs mines, from M Resources, a coal trading and consulting company. Financial terms were not disclosed.

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