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Alpha Natural Resources |
: |
Massey Energy |
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Dealogic Deal # : |
712071 |
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Data as of : |
1/31/2011 |
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Target |
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Acquiror |
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Dates & Values |
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Massey
Energy |
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Alpha
Natural Resources |
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Target: |
100 |
% stake |
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Buying: |
100 |
% stake |
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Rumored |
19th Oct 2010 |
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Deal Value $m |
7,888.2 |
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NY |
MEE |
102 |
m shares outstanding |
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Public (Listed) |
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Announced |
29th Jan 2011 |
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Value ex Debt $m |
7,080.0 |
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United States |
|
United States |
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Mining |
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Mining |
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Expected |
2Q 2011 |
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Consideration |
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UBS | Advisor |
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Citigroup | Advisor |
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Completed |
- |
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Perella Weinberg |
Advisor |
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Morgan Stanley | Advisor |
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Cravath Swaine |
Attorney |
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Cleary Gottlieb |
Attorney |
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Withdrawn |
- |
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Troutman Sanders |
Attorney |
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Termination Fee, Target $m |
tbd |
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Termination Fee, Acquiror $m |
tbd |
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Financials |
30th Sep 2010 |
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Balance Sheet |
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Debt/Equity: |
1.5 |
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Timeline Events |
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Premiums & Multiples |
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Initial Offer |
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$69.33 |
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Current Offer |
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$69.33 |
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Income Statement |
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Cash Flows |
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Operations $m |
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325 |
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Profitability |
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Profit Margin |
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-1% |
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Return on Equity |
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-4% |
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League Table Impact |
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Sector Trend |
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2010 YTD Announced Global M&A by Deal
Value, $bn |
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Monthly Announced Global M&A, $bn: |
Mining |
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1 |
JPMorgan |
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86.7 |
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2 |
Goldman Sachs |
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59.4 |
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3 |
Barclays Capital |
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57.7 |
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4 |
Lazard |
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54.9 |
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5 |
BOA Merrill Lynch |
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49.3 |
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6 |
Credit Suisse |
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45.5 |
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7 |
UBS |
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44.8 |
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8 |
Morgan Stanley |
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40.4 |
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9 |
Citi |
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33.8 |
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10 |
Perella Weinberg |
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22.7 |
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© 2011 Dealogic.
All rights reserved. |
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