M&A Deal Summary |
|
|---|---|
| Date | 2012-12-11 |
| Target | Palabora Mining |
| Sector | Metals/Mining |
| Buyer(s) |
The Industrial Development of South Africa
Hebei Iron and Steel Group Tewoo Group General Nice Development |
| Sellers(s) | Rio Tinto |
| Deal Type | Divestiture |
| Deal Value | 373M USD |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1940 |
| Sector | Financial Services |
| Employees | 804 |
The Industrial Development Corporation of South Africa Limited offers financial aid focusing on economic growth and industrial development of start-ups.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Metals/Mining) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (South Africa) | 1 of 1 |
| Year (2012) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
Hebei Iron and Steel Group Co., Ltd. is a holding company, which manufactures steel and also offers low-end construction steels.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Metals/Mining) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (South Africa) | 1 of 1 |
| Year (2012) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
Tewoo Group Co., operates business fields including commodity trade, modern logistics, real estate development, financial services and secondary vocational education.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Metals/Mining) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (South Africa) | 1 of 1 |
| Year (2012) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
General Nice Development Limited engages in resources development and production, logistics, and trading businesses.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Metals/Mining) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (South Africa) | 1 of 1 |
| Year (2012) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1873 |
| Sector | Metals/Mining |
| Employees | 57,000 |
| Revenue | 54.0B USD (2023) |
Rio Tinto is a mining and metals company. The company engages in finding, mining and processing the Earth's mineral resources. Company take a long-term, disciplined approach, developing and running long-life, low-cost, expandable operations that are capable of delivering value throughout the cycle. Rio Tinto was founded in 1873 and is based in London, England.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 14 |
| Sector (Metals/Mining) | 7 of 11 |
| Type (Divestiture) | 9 of 12 |
| Country (South Africa) | 1 of 1 |
| Year (2012) | 3 of 3 |
| Size (of disclosed) | 6 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-09-12 |
ALTEO Alumina
Gardanne, France ALTEO Alumina is a global integrated producer and supplier of specialty non-metallurgical grade alumina. ALTEO Alumina was founded in 1894 and is based in Gardanne, France. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-29 |
Northparkes Copper Mine
Australia Northparkes Copper Mine comprises copper mines. The asset is located in New South Wales, Australia. |
Sell | - |
