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Votorantim sells Nexa in exchange for $1.3bn in shares with Boliden

Depois de anos de conversas, a Votorantim chegou a um acordo para vender sua participação de 64,7% na Nexa – uma produtora de zinco, cobre e chumbo com operações no Brasil e no Peru – para a sueca Boliden. A operação será feita por meio de troca de ações, e a Votorantim se tornará a […] The post Votorantim vende Nexa em troca de ações de US$ 1,3 bi com Boliden appeared first on Brazil Journal .

Translated from Portuguese Read in Portuguese

Votorantim has agreed to sell its 64.7% stake in Nexa, a zinc, copper, and lead producer with operations in Brazil and Peru, to Swedish mining company Boliden. The deal, valued at $2 billion for Nexa and $1.3 billion for Votorantim's stake, will be made through a stock swap, making Votorantim Boliden's largest shareholder with 7% of its capital.

The transaction is expected to close in the first quarter of 2027. Boliden will gain 12 mining units and 8 smelters in Europe and Latin America, while Votorantim will become a shareholder in a larger, geographically diversified European company.

Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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