IGO Nickel Holdings Pty Ltd

Western Areas Nickel Portfolio - Acquisition Financing

Industry
Metals and Mining/Base metals
Area of finance
Project & Infrastructure Finance
Region
Australasia
Australasia
Countries
Australia

Deal Overview

Australian nickel and lithium miner IGO has agreed to acquire nickel-focused, base metal miner Western Areas. Under the arrangement, Western Areas shareholders will receive A$3.36 in cash from IGO for each share held. The acquisition is aligned with IGO’s plan to focus on metals critical to...

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Deal Volume
$624.09m
Financial Close
20/06/2022
Dealmakers
Sources

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Tranches

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Project Deals

Western Areas Nickel Portfolio
$906m
Brownfield
Base metals
Australasia
Australasia
Australia