Nickel Mines acquires additional stake in Angel Capital 22 Apr 2021 (Last Updated April 26th, 2021 10:55)
Australia’s Nickel Mines company has completed the acquisition of an additional 20% stake in Angel Capital, a Singaporean holding company that is ultimately the owner of the Angel Nickel project in Indonesia.
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Australia’s Nickel Mines company has completed the acquisition of an additional 20% stake in Angel Capital, a Singaporean holding company that is ultimately the owner of the Angel Nickel project in Indonesia.
With the latest acquisition, Nickel Mines holds a 50% interest in the Angel Nickel project.
It acquired the initial 30% interest in the project earlier this year.
Global mining cross border M&A deals worth $7.7bn in Q4 – report
Bozshakol open pit mine in Kazakhstan. (
Mining industry cross border M&A deals worth a total of $7.7 billion were announced globally in Q4 2020, according to UK-based analytics firm GlobalData.
The value marked an increase of 593.7% over the previous quarter and a rise of 71.5% when compared with the last four-quarter average, which stood at $4.49 billion.
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In terms of volume, North America emerged as the top region for cross border M&A deals, followed by Asia-Pacific and then Europe
Comparing cross border M&A deals value in different regions, Europe held the top position with total announced deals worth $3.61 billion in the period. At the country level, the UK topped the list in terms of deal value at $2.46 billion.