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Nomura | Advisor Linklaters| Attorney Withdrawn -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