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Glencore International |
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: |
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Xstrata (65.9188%) |
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Dealogic Deal # : |
790684 |
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Data as of : |
9/26/2012 |
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Target |
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Acquiror |
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Dates & Values |
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Xstrata
(65.9188%) |
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Glencore
International |
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Target: |
65.9 |
% stake |
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Buying: |
65.9 |
% stake |
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Rumored |
2nd Feb 2012 |
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Deal Value $m |
45,521.3 |
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LN, ZR |
XTA |
2,965 |
m shares outstanding |
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Public (Listed) |
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Announced |
7th Feb 2012 |
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Value ex Debt $m |
36,919.0 |
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Switzerland |
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Switzerland |
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Mining |
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Mining |
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Expected |
3Q 2012 |
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Consideration |
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Goldman Sachs | Advisor |
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Citigroup | Advisor |
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Completed |
- |
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Deutsche Bank | Advisor |
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Morgan Stanley | Advisor |
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Nomura | Advisor |
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Linklaters| Attorney |
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Withdrawn |
- |
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JPMorgan Chase | Advisor |
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Freshfields | Attorney |
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Termination Fee, Target $m |
tbd |
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Termination Fee, Acquiror $m |
tbd |
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Financials |
31st Dec 2011 |
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Balance Sheet |
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Debt/Equity: |
0.7 |
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Timeline Events |
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Premiums & Multiples |
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Initial Offer |
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1,290 |
(pence) |
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Current Offer |
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1,290 |
(pence) |
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Income Statement |
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Cash Flows |
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Operations $m |
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9,558 |
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Profitability |
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Profit Margin |
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24% |
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Return on Equity |
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13% |
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League Table Impact |
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Sector Trend |
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2012 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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79.7 |
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2 |
Goldman Sachs |
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76.2 |
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3 |
Citi |
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75.7 |
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4 |
Deutsche Bank |
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68.7 |
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5 |
Morgan Stanley |
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61.6 |
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6 |
Nomura |
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54.5 |
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7 |
Barclays Capital |
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22.7 |
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8 |
Credit Suisse |
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17.3 |
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9 |
BAML |
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16.0 |
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10 |
Moelis & Co |
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9.1 |
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© 2012 Dealogic.
All rights reserved. |
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