Hogan Lovells advises on £1.9 billion recommended acquisition of Centamin plc

Centamin is an established gold producer, whose flagship Tier 1 asset is the Sukari gold mine ("Sukari"), which is Egypt’s largest and first modern gold mine, as well as one of the world’s largest producing mines. Since production began in 2009 Sukari has produced over 5.8 million ounces of gold.  

It is intended that the transaction will be implemented by way of a court-sanctioned scheme of arrangement between Centamin and the Scheme Shareholders under article 125 of the Jersey Companies Law (or, if AngloGold Ashanti plc so elects, and subject to the consent of the Panel and the terms of the Co-operation Agreement, an offer under article 116 of the Jersey Companies Law). 

The Hogan Lovells team is being led by London-based corporate partner Daniel Simons alongside corporate counsel John Holme, senior associate Francesca Parker and trainee Emily Louise.