Votorantim signs agreement to sell controlling stake in NEXA to Boliden

NEXA Nexa Resources SA

$11.16 -7.77%

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1. 1Nexa Resources (NEXA) announced that Votorantim has entered into a definitive agreement to sell its controlling stake in Nexa to Boliden
2. 2Under the share exchange, Nexa common shareholders will receive 0.250 Boliden new shares per Nexa share, with Boliden holding 64.68% of shares and voting rights upon completion
3. 3The transaction is expected to close in Q1 2027, with Boliden planning to launch a tender offer to minority shareholders within 30 days after closing

Source Bloomberg +4 · View original ↗

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