Appian announces sale of Brazilian companies, Atlantic Nickel and Mineracao Vale Verde, to ACG for US$1.065 billion
LONDON, June 12, 2023 /PRNewswire/-- Highlights Funds advised by Appian agree the sale of the wholly owned Atlantic Nickel andMineracao Vale Verde to ACG for US$1.0 billion, while ACG will also pay US$65 million to extinguish the gold stream over Mineracao Vale Verde, all in cash Provides a compelling value proposition forACG, which will be the only London-listed nickel sulphide producer of scale, creating a natural platform for further growth and consolidation of critical metals assets focused on leading western OEMs Transaction reflects the significant work tooptimise the assets, demonstrati...
Source: singaporestar.com