EMR Capital and Farallon Capital $775 million acquisition of Agincourt Resources

24/11/2015
Private acquisition

$ 775 million

Announced

24/11/2015


Overview:

  • Private equity firms EMR Capital and Farallon Capital have acquired 95% of Agincourt Resources from G-Resources, a mining investment holding company.
  • G-Resources owns and operates the Martabe Gold Mine and the $775 million sale secured this mining asset for the buyers.
  • G-Resources’ move to divest the mining asset enables it to invest in financial products and properties, and expand its money lending and securities dealing businesses. 

Katrin Kostadinova - Data analyst

Jurisdiction:

Indonesia

Deal type:

Private acquisition

Practice area:

Private equity

Governing law:

Indonesia

Industry sector:

Mining


Firms:

Party: EMR Capital (Acquirer)

Party: Farallon Capital Management (Acquirer)

Lawyer: Daniel Ginting


Party: G-Resources Group Ltd (Seller)


Party: AIG (Warrantor)


Party: G-Resources Group Ltd (Seller)


Party: G-Resources Group Ltd (Seller)