Boliden to Buy 64.68% of Nexa Resources Stake From Votorantim
Boliden has agreed with Votorantim to acquire all Nexa Resources shares representing a 64.68% stake in the Brazil- and Peru-based miner. The deal values the shares at $15.29 each and implies consideration of $1.31bn, with payment via 0.250 newly issued Boliden shares per Nexa share. Closing is expected in Q1 2027, subject to shareholder and regulatory approvals, and would consolidate mining and smelting assets across Latin America and Europe.