M&A Deal Summary |
|
|---|---|
| Date | 2009-01-30 |
| Target | Rio Tinto - Corumbá Iron Ore Mine & River Logistics Operations |
| Sector | Metals/Mining |
| Buyer(s) | Vale |
| Sellers(s) | Rio Tinto |
| Deal Type | Divestiture |
| Deal Value | 1.6B USD |
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| Category | Company |
|---|---|
| Founded | 1942 |
| Sector | Metals/Mining |
| Employees | 74,316 |
| Revenue | 40.0B BRL (2020) |
Vale is engaged in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals. Vale was founded in 1942 and is based in Rio de Janeiro, Brazil.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Metals/Mining) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Brazil) | 1 of 2 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-01-27 |
Fertilizantes Fosfatados SA
Uberaba, Brazil Fertilizantes Fosfatados SA produces and sells raw materials for companies to produce and sell fertilizers in Brazil. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1873 |
| Sector | Metals/Mining |
| Employees | 47,500 |
| Revenue | 55.6B USD (2022) |
Rio Tinto is a mining and metals company. 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, the United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 14 |
| Sector (Metals/Mining) | 2 of 11 |
| Type (Divestiture) | 2 of 12 |
| Country (Brazil) | 1 of 1 |
| Year (2009) | 1 of 3 |
| Size (of disclosed) | 2 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-07-10 |
Kintyre Project
Subiaco, Australia Kintyre is located in the East Pilbara region of Western Australia, approximately 270km north-east of Newman and 90km south of Telfer, on the south-west margin of the Great Sandy Desert. The Kintyre tenements comprise four granted Mining Leases, four Mining Lease Applications, a Miscellaneous Licence and 12 Prospecting Licences, which together cover a total area of approximately 52 km2. |
Sell | $495M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-09-22 |
Alcan Composites
Cham, Switzerland Alcan Composites is a sandwich composite materials manufacturing business focused on the display, architecture, and wind energy sectors. Headquartered in Sins, Switzerland, it operates 16 plants in Europe (Germany and Switzerland), the USA, South America, China and India. |
Sell | $349M |
