Who has created value through M&A?

MNN is seeking nominations for the Deal and/or Merger of the Year Award.
Who has created value through M&A? Who has created value through M&A? Who has created value through M&A? Who has created value through M&A? Who has created value through M&A?

Staff reporter

One of four categories in MNN's second annual Awards for Excellence, the Deal and/or Merger of the Year recognises value creation through what can be a risky strategy.

The Deal and/or Merger of the Year is the MNN corporate development award recognising successful execution of a strategy, and/or realisation of value, from a significant transaction.

We are focusing on ‘company-making' asset deals, or unions, and taking into account the often variable nature of transactions and the range of factors contributing to successful outcomes.

Into this mix, we'll look at how deals are funded; the impact on balance sheets and how transactions leave companies in terms of their capacity to deliver value to shareholders through share-price growth and/or dividends; and prices paid relative to comparable sector transactions.

As with most things in the mining equity space, though, the simple measure of a good deal is the market's valuation of the principal pre-and post the transaction, and changes in the company's capacity to deliver shareholder returns.

You can nominate your own company's deal or another transaction that created value during the 2018 financial year.

Last year's winner was Gold Road Resources for its joint venture with Gold Fields, narrowly edging out Evolution Mining's Ernest Henry deal.

Nominate the Deal and/or Merger of the Year here. Nominations close at 11:59pm AEST on June 30.

topics

loader
  • Nominations open now