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| Jinchuan | |
| Size | R9.112 billion acquisition of Metorex |
| Advisers | Goldman Sachs (Jinchuan), Standard Bank (Metorex) |
| return to the Middle East and Africa Deals of the Year index | |
Further south, the standout M&A deal of the year was Chinese company Jinchuan’s R9.112 billion ($1.02 billion) acquisition of Metorex. It told us a lot about the changing nature of Chinese acquisition in resource-rich Africa.
Metorex is a Johannesburg-listed metals and mining company whose main attraction is its range of copper and cobalt assets in the Democratic Republic of Congo and Zambia.
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