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Our M&A lawyers are among the most experienced and effective in the world. We represent many of the world's largest publicly traded and privately held companies, as well as leading private equity firms, hedge funds, financial advisors and other financial institutions and investors on their most important merger, acquisitions and takeover transactions.

OceanaGold to Acquire Romarco Minerals for Cdn$856 Million

Paul, Weiss client Romarco Minerals Inc. announced that it had entered into a definitive agreement to be acquired by OceanaGold Corporation in a deal valued at approximately Cdn$856 million. Under the terms of the agreement, Romarco shareholders will receive 0.241 of an OceanaGold share for each Romarco share, representing Cdn$0.68 per Romarco share and a premium of 72.7 percent based on the July 29 closing prices of OceanaGold and Romarco on the Toronto Stock Exchange.

OceanaGold is a multinational gold producer with mines located on the South Island of New Zealand and in the Philippines. Romarco is a gold development company focused on production primarily in the U.S. The combination of OceanaGold and Romarco is expected to create the lowest-cost gold producer in the market.

The Paul, Weiss team included corporate partner Adam Givertz and counsel Didier Malaquin; tax partner David Mayo; employee benefits partner Andrew Gaines; and environmental counsel William O'Brien.

July 30, 2015

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