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Banpu Minerals SG-Hunnu Coal takeover offer

US$477.00 m
  • Entry date - Wednesday, 23 November 2011
  • Jurisdiction - Singapore
  • Practice - .
  • Banpu Minerals SG-Hunnu Coal takeover offer

  • Firm
    Allen & Overy
  • Client
    Banpu Minerals Singapore
  • Lead Lawyers
    Tony Sparks
  • Role
    International counsel to bidder
  • Firm
    Steinepreis Paganin
  • Client
    Hunnu Coal
  • Lead Lawyers
    Annette Della Vedova, David Naoum, Jonathan Murray
  • Role
    Australian counsel to target


DEAL SUMMARY
·         Cash off-market takeover offer by Banpu Minerals Singapore for Australia’s Hunnu Coal for $447 million

·         Hunnu, an Australian incorporation, has a subsidiary focused on exploration of thermal and coking coal deposits in Mongolia

·         Both firms advised on the Banpu 12.4 percent placement worth $46 million in Hunnu in March this year


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