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 |
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| 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 is a global integrated producer and supplier of specialty non-metallurgical grade alumina. ALTEO has 4 industrial sites: Gardanne, La Bâthie and Beyrède in France and Teutschenthal in Germany, as well as commercial sites in the United States, the United Kingdom, Japan and China. ALTEO is headquartered in France, at the Gardanne site. |
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 | - |
