Silver Lake’s golden acquisition
Gilbert + Tobin has acted in a $426 million resources acquisition.
Firms: Gilbert + Tobin (Silver Lake Resources Limited)
Area: M&A
Value: $426 million
Key players: Corporate advisory partner Marcello Cardaci led the G+T team of lawyers Sarah Gaffney-Smith, Jarod Benson and Jessica Karasinski
Deal significance: The transaction was announced on 6 August following a unanimously recommended takeover by scheme of arrangement at an exchange ratio of one new Silver Lake share for every 6.28 Integra shares. “The combination of tenements at Mt Monger and Randalls, as well as the synergies between the companies, will ultimately increase Silver Lake’s production and their position in the Australian market,” said Cardaci.