Copper Deal For Law Firm - Linklaters advises Nikanor on recommended merger with Katanga

Linklaters has advised Nikanor PLC, the AIM-listed mining group with assets in the Democratic Republic of Congo ('DRC'), on its recommended merger with Katanga Mining Limited, which operates a major cobalt-copper mine complex in the DRC and is listed on the Toronto Stock Exchange ('TSX'). The merger will create a company with a combined market capitalisation of approximately US$3.3bn*. It will be effected via an offer by Katanga for Nikanor together with a cash return to Nikanor shareholders of US$452m. The new company will undertake a primary listing on the main market of the London Stock Exchange within five months of the merger becoming effective.

Copper Deal For Law Firm - Linklaters advises Nikanor on recommended merger with Katanga lawfuel.com Fri, Nov 9, 2007