M&A Deal Summary

Hancock Prospecting Pty Acquires Atlas

On June 18, 2018, Hancock Prospecting Pty acquired metals/mining company Atlas for 472M AUD

Acquisition Highlights
  • This is Hancock Prospecting Pty’s 2nd transaction in the Metals/Mining sector.
  • This is Hancock Prospecting Pty’s 0th largest (disclosed) transaction.
  • This is Hancock Prospecting Pty’s 2nd transaction in Australia.

M&A Deal Summary
Date 2018-06-18
Target Atlas
Sector Metals/Mining
Buyer(s) Hancock Prospecting Pty
Deal Type Add-on Acquisition
Deal Value 472M AUD
Advisor(s) Houlihan Lokey (Financial)

Target

Atlas

Perth, Australia
Atlas is an Australian mining company and an iron ore explorer, developer, and producer, predominantly active in the Pilbara region. Atlas is based in Perth, Australia.

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Buyer(S) 1

Buyer

Hancock Prospecting Pty

West Perth,, Australia
Category Company
Founded 1955
Sector Metals/Mining
DESCRIPTION

Hancock Prospecting Pty Ltd (HPPL) is an Australian company that has a long and important association with the Pilbara and the iron ore sector. The group HPPL has significant plans for further development in both the Pilbara region of Western Australia and other areas in Australia.

DEAL STATS #
Overall 2 of 3
Sector (Metals/Mining) 2 of 2
Type (Add-on Acquisition) 2 of 3
Country (Australia) 2 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-30 Roy Hill Holdings Pty

Perth,, Australia

Roy Hill is the development of a new generation of integrated iron ore mining, rail & port operations in the Pilbara region of Western Australia. Our people are shaping sophisticated processes that will introduce a new wave of innovation, technology and knowledge to Australia’s iron ore industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-14 Warrego Energy

Aberdeen, United Kingdom

Warrego Energy is an Australian based petroleum exploration, development and production company with projects in Uruguay, Spain and Canada. Warrego Energy was founded in 2007 and is based in Aberdeen, United Kingdom.

Buy AU$440M
Mergr

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