# Glencore International AG to take Katanga Mining private

Katanga Mining Limited entered into a definitive agreement with Glencore International AG to be taken private via amalgamation. Shareholders other than Glencore will receive C$0.16 per share, representing a 100% premium to the closing price on April 21, 2020.

- Type: Acquisition
- Announced: 2020-04-22
- Where: Zug, Switzerland, Switzerland
- Status: announced
- Products: copper, cobalt
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Katanga Mining](https://endata.com/companies/44098.md) (target)
- [Glencore International AG](https://endata.com/companies/46726.md) (acquirer)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/katanga-mining-enters-into-definitive-agreement-with-glencore-international-ag-for-going-private-transaction-to-be-considered-at-telephonic-shareholders-meeting-843568908.html), 2020-04-22: "Katanga Mining Limited announces that it has entered into a definitive agreement with Glencore International AG pursuant to which the Company would be taken private"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.