Sumitomo Corporation $48 million acquisition of a 5% stake in Minera Yanacocha

20/7/2018
Private acquisition

$ 48 million

Announced

20/7/2018


Overview:

  • Newmont will hold 51% and Sumitomo will hold 5% in Minera Yanacocha.
  • Minera Yanacocha operates a mine located in Cajamarca Region, Peru.

Daniel Semerdzhiev - Data analyst

Jurisdiction:

Peru

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Peru

Industry sector:

Mining


Firms:

Party: Sumitomo Corporation (Acquirer)


Party: Newmont Mining (Shareholder)

Party: Minera Yanacocha SRL (Target)