Boliden to acquire controlling stake in Nexa Resources
The deal gives Boliden control of Nexa and could lift earnings per share by more than 8%, the company said.
- On Thursday, August 27, 2026, Boliden AB announced a definitive agreement to acquire all of Votorantim S.A.'s shares in Nexa Resources S.A., securing a 64.68% controlling interest in the zinc and silver producer.
- The transaction combines Boliden's European mining and smelting operations with Nexa's assets in Latin America, creating a geographically diversified base and precious metals business leveraging regional expertise.
- Votorantim will receive 21.4 million newly issued Boliden shares, representing approximately 7.0% of total shares, in a deal expected to be immediately accretive to Boliden's earnings per share.
- Boliden agreed to launch a voluntary tender offer for remaining minority shares within 30 days of closing, with the transaction expected to finalize during the first quarter of 2027.
- To support the purchase, Boliden secured a USD 2.0 billion bridge financing facility, while Nexa will maintain separate legal status and continue reporting obligations under the U.S. Securities Exchange Act.
15 Articles
15 Articles
Brazil's Votorantim Hands Nexa Control to Sweden's Boliden
Votorantim has agreed to give up control of zinc producer Nexa Resources. It takes Boliden stock rather than cash, and keeps no direct stake in the miner. The post Brazil’s Votorantim Hands Nexa Control to Sweden’s Boliden appeared first on The Rio Times.
Votorantim S.A. Signs Agreement to Sell Controlling Stake in Nexa Resources to Boliden
Luxembourg, Luxembourg–(Newsfile Corp. – August 27, 2026) – Nexa Resources S.A. (NYSE: NEXA) (“Nexa” or the “Company”) announces that Votorantim S.A. (“Votorantim” or “VSA”) has entered into a definitive agreement with Boliden AB (“Boliden”) for the sale of its controlling stake in Nexa. Upon completion, and subject to the applicable corporate and regulatory approvals, control […]
Swedish mining company Boliden has agreed to acquire a controlling stake in Nexa Resources for approximately US$1.31 billion. Exclusive content for subscribers. For full access, follow the link to the article and register.
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