IFLR1000

Inversiones Alxar $200 million acquisition of 40% stake in Cumbres Andinas

24/4/2018
Private acquisition
Select tab

$ 200 million

Announced

24/4/2018

Overview:

  • Inversiones Alxar, a subsidiary of Empresas Copec (a Chilean energy and forestry company) acquired a 40% stake in Cumbres Andinas from Minsur.
  • Cumbres Andinas is a Minsur subsidiary that owns Marcobre which owns the Mina Justa copper project, based in Ica, Peru. 
  • Minsur will retain a 60% stake in Cumbres Andinas.

Rani Mehta  - Journalist 

 

Jurisdiction:

Peru

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Mining

Related deals