Cassels Brock Acts for Anvil Mining Limited's Special Committee as Anvil Enters into a Binding Agreement for a Cash Takeover Bid of All Shares with Minmetals Resources LimitedPublished: 10/18/2011 On September 29, 2011, Anvil Mining Limited ("Anvil") announced that it has entered into a binding agreement with Minmetals Resources Limited and a subsidiary thereof (together "Minmetals") in which Minmetals has agreed, subject to the terms of the Support Agreement, to make an offer to purchase all of the common shares of Anvil by way of a take-over bid at a price of C$8.00 per share in cash. The transaction is valued at approximately $1.3 billion. Cassels Brock acted for Anvil's special committee with a team that included Paul M. Stein (Securities, Mining and M&A), Jay F. King (Securities, Mining and M&A) and Andrea Rigobon (Securities). |
