Foreign Targets Greater Than $100M
August 18, 2008
Target: Lonmin PLC (1099)
Platinum mining co
United Kingdom
Greenhill; CitiAcquiror: Xstrata PLC (1222)
Copper, coal,ferroalloy mining
Switzerland
Macquarie Capital Partners; Deutsche Bank Deal InformationValue:
Type:
Announced:9,267.0
Merger
08/06/08UK - Xstrata PLC (XP) of Switzerland planned to launch an unsolicited tender offer to acquire the remaining 91.97% interest, or 143.816 mil ordinary shares, which it did not already own, in Lonmin PLC (LP), a London-based platinum mining company, for 33 British pounds (68.127 Swiss francs/$64.271 US) in cash per share, or a total value of
The full article is available to Mergers Unleashed subscribers only
Already a print subscriber? As a print subscriber, you are entitled to online access. Please click here to activate your account.
![Publishing Systems Powered by iProduction [kearney] SourceMedia](/media/ui/logo_sourcemedia.gif)