Boliden to buy Votorantim stake in Nexa Resources for 0.25 Boliden shares per Nexa share - NEXA News | RalliesBoliden to buy Votorantim stake in Nexa Resources for 0.25 Boliden shares per Nexa share
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NEXA• Boliden to acquire Votorantim's Nexa stake
- Boliden will acquire Votorantim’s entire stake in Nexa Resources, taking ownership to 64.68% of Nexa shares and votes.
- Consideration is 0.250 new Boliden shares per Nexa share, valuing the stake at USD 1.31 billion.
- The deal implies an equity value for Nexa of about USD 2.03 billion, equating to an enterprise value of about USD 3.67 billion.
- Votorantim will receive 21,400,000 newly issued Boliden shares, becoming an about 7% shareholder in Boliden.
- Closing is expected in Q1 2027; Boliden plans a voluntary cash offer for remaining Nexa shares post-closing.
