Nexa Resources confirms talks with Boliden on potential deal

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3▲2 ▼0Impact / 5
Summary · why it matters

Nexa Resources confirmed it is aware of ongoing negotiations between Boliden and Votorantim S.A. regarding Votorantim's interest in the company and expects to be in discussions with Boliden regarding a potential transaction. Earlier in the day, Boliden also confirmed the talks are taking place, following speculation that Votorantim is looking to sell its 64.7% stake in Nexa. Nexa is one of the world's leading zinc producers, operating five polymetallic mines and three smelters in Brazil and Peru.

Impact on assets 4

Critical Materials & Supply Chain▲ · 1 stocks
Boliden AB
0YAL
▲ PositiveCapitalrelevance

Boliden is in talks to acquire a 64.7% stake in Nexa, a major zinc producer, which could expand its asset base.

Materials▲ · 1 stocks
Others▲ · 1 stocks
Boliden AB (publ)
BLIDF
▲ PositiveCapitalrelevance

Boliden is in talks to acquire a 64.7% stake in Nexa, a major zinc producer, which could expand its asset base.

Others▲ · 1 stocks

Off-coverage companies 1

Votorantim S.A.Private▲ Positive
Capitalrelevance

Votorantim is the seller of its 64.7% stake in Nexa, potentially realizing value from the deal.