Gilbert + Tobin advises on Noble deal

Gilbert + Tobin is advising the Zhongrun Group on its acquisition of a 42 per cent stake in the share capital of Noble Mineral Resources for the value of A$85 million. _x000D_

The New Lawyer • 01 October 2012 • Big Law

Gilbert + Tobin is advising the Zhongrun Group on its acquisition of a 42 per cent stake in the share capital of Noble Mineral Resources for the value of A$85 million.

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As part of the transaction, the Zhongrun Group will be granted options in Noble which, if exercised, would see the Zhongrun Group invest a further A$55.4 million in Noble and would result in the group owning 51.6 per cent of Noble’s share capital.

The Zhongrun Group, a major non-government Chinese mining and investment group will become Noble’s largest shareholder on completion of the transaction.

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Corporate Advisory partner Marcello Cardaci is leading the team and is assisted by lawyer Eugene Tse.

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