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MAC Copper to Join Harmony Gold in $1.03B Deal with 32% Shareholder Premium

1:34am on Monday 2nd of June, 2025 AEST Mining
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MAC Copper to Join Harmony Gold in $1.03B Deal with 32% Shareholder Premium

1:34am on Monday 2nd of June, 2025 AEST
Key Points
  • Harmony Australia to acquire 100% of MAC Copper via Jersey scheme
  • Shareholders to receive US$12.25 per share, a 32% premium to 30-day VWAP
  • Transaction values MAC at approximately US$1.03 billion
  • Unanimous MAC board recommendation and key shareholder support
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