Addleshaw Goddard Advises Peel Hunt on £867m Acquisition of SolGold plc by Jiangxi Copper Company

Addleshaw Goddard is advising Peel Hunt in its role as financial adviser to Jiangxi Copper Company on the proposed acquisition of SolGold plc, announced today.

The acquisition values SolGold at approximately £867m. Jiangxi Copper Company headquartered in China and with its shares listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange, is one of the largest global producers and suppliers of copper products.

SolGold is an exploration company focused on discovering and developing world-class copper and gold deposits, with a strong presence in Ecuador’s Andean copper belt.

The Addleshaw Goddard team, which is advising Peel Hunt in relation to the financing of the offer, was led by partners Simon Wood and Ewen Scott.