Northern Star Resources advised on US$800m acquisition and equity raising
Gold producer Northern Star Resources has been advised in relation to its acquisition of a 50 per cent interest in KCGM Super Pit.
Firm: Ashurst (Northern Star Resources).
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Deal: Ashurst has advised Northern Star Resources Limited in relation to its acquisition of a 50 per cent interest in the KCGM Super Pit (and additional associated assets) for total consideration of US$800m (approximately $1.168 billion), and its associated equity raising.
Area: Corporate.
Value: US$800m (approximately $1.168 billion).
Key players: The Ashurst team was led by partners Antonella Pacitti, Roger Davies and Lorenzo Pacitti, who were assisted by senior associates Richard Shi and Christopher Barry and lawyers Jacob Carmody, Amy Saunders, Daniel Ravikovitch, Brandon McEvoy and Joseph Nguyen.
Deal significance: Ms Pacitti commented: “We could not be more delighted to have assisted Northern Star with another transformative transaction for the company. It’s a real privilege to have worked alongside them (and the broader deal team) on all aspects of this transaction.”
“We are very proud of what Northern Star has achieved and excited by what the future holds for them, the Super Pit and the community of Kalgoorlie-Boulder.”