Gordon Dyal & Co. Acts as Financial Advisor to AngloGold Ashanti in its $2.5 Billion Acquisition of Centamin plc
09.11.24
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Simpson Thacher is representing Gordon Dyal & Co., LLC (“Gordon Dyal”) as financial advisor to AngloGold Ashanti Limited (“AngloGold”) in connection with its recommended acquisition, by way of a court-sanctioned scheme of arrangement, of Centamin plc (“Centamin”) for aggregate cash and stock consideration valued at approximately $2.5 billion. Immediately following completion of the acquisition, current AngloGold and Centamin shareholders would be expected to own approximately 83.6% and 16.4% of AngloGold, respectively. The transaction is subject to customary closing conditions, including regulatory approvals and approval by the shareholders of Centamin.
AngloGold is a global gold mining company with a diverse portfolio of operations, projects and exploration activities in nine countries, across four continents. Centamin is a gold producer whose assets include the Sukari gold mine in Egypt, one of the world’s largest producing gold mines.
The Simpson Thacher team includes Jakob Rendtorff, Julie Ledermann and Luca Tomasi (Corporate).