AcquisitionAug 27, 2026Pending
🇱🇺 Luxembourg
NRNexa Resources S.A.BABoliden AB
Materials & Chemicals › Metals & Mining
Equity value$2.02BEquity value
AnnouncedAug 27, 2026
ConsiderationStock
StructureOther
RegionEurope
Cross-borderYes
Contingent paymentNo
Overview
Boliden AB agreed to acquire Votorantim S.A.'s 64.68% stake in Nexa Resources S.A. in exchange for 0.250 newly issued Boliden shares per Nexa share, implying USD 1.31 billion of consideration to Votorantim. Boliden also agreed to make a cash voluntary tender offer for the remaining Nexa shares.
Deal rationale
Boliden says the deal makes it a leading zinc producer, adds silver output and Latin American mining operations, and is expected to be immediately accretive to EPS.
AI-generated from the SEC filingPendingMaterials & Chemicals › Metals & MiningLuxembourgEurope
Timeline
Valuation and terms
| Equity value | $2.02B | Headline figure |
|---|---|---|
| Enterprise value | $3.67B | |
| Consideration | Stock |
Advisors
Buy-side
EEvercoreJPJ.P. MorganRCRBC Capital Markets
Sell-side
None listed
Parties
Target
NRNexa Resources S.A.
- Headquarters
- Luxembourg
- Ticker
- NEXA
Acquirer
BABoliden AB
- Headquarters
- Sweden
- Ticker
- —
Seller
VSVotorantim S.A.
- Headquarters
- —
- Ticker
- —