Jacob is a Senior Associate in the King & Wood Mallesons corporate transactions team in Perth. He practices in the areas of mergers and acquisitions (regulated and private), equity capital markets and company law and governance, with a focus on the resources sector.
Jacob’s experience includes working with:
- Northern Star Resources Ltd on its:
- proposed AUD5b acquisition of De Grey Mining Ltd by way of a scheme of arrangement.
- successful offering of USD600m senior guaranteed notes.
- AUD16b merger of equals with Saracen Mineral Holdings by way of a scheme of arrangement, and before that on its USD800m acquisition of a 50% interest in KCGM (including the iconic Super Pit) and the associated equity raising.
- Alumina Limited: on its AUD3.3b acquisition by Alcoa Corporation by way of a scheme of arrangement.
- Newmont Corporation: on its AUD26b acquisition of Newcrest Mining by way of a scheme of arrangement. The landmark acquisition constituted Australia’s biggest M&A deal of 2023.
- Allkem Limited: on its AUD15.7b all-stock merger of equals with Livent Corp, to create a leading global lithium chemicals producer called Arcadium Lithium.
- Deterra Royalties Limited: on its GBP145m all-cash offer to acquire London-listed Trident Royalties Plc by way of a UK scheme of arrangement.
- Navitas on its:
- disposal of the StudyLink business to NASDAQ-listed Flywire Corporations and before that on its AUD2.3b acquisition by a private equity consortium led by BGH Capital (and also involving a founding shareholder and then current director of Navitas, and Australian Super).
- AUD2.3b acquisition by a private equity consortium led by BGH Capital (and also involving a founding shareholder and then current director of Navitas, and Australian Super) by way of a scheme of arrangement.
- Australian Strategic Materials Limited: on its equity raising for the flagship Dubbo rare earth project, which comprises an institutional placement and traditional pro-rata non-renounceable entitlement offer of fully paid ordinary shares and free-attaching options.
- B2Gold Corp of Canada: on its acquisition of Oklo Resources by way of scheme of arrangement.
- Iluka / Sierra Rutile: appointed by Iluka to advise Sierra Rutile on its demerger from Iluka Resources.
- Galaxy Resources: on its AUD4b merger with Allkem (then known as Orocobre Limited), having previously acted on its AUD161m equity raising and financing package.
- Western Areas: on its AUD1.26b acquisition by IGO by scheme of arrangement.
- Iluka / Deterra Royalties: appointed by Iluka to advise Deterra Royalties on its demerger from Iluka Resources, with Deterra Royalties' cornerstone asset being the Mining Area C royalty (with BHP).
- HBF Health: WA's largest private health insurer, on its acquisition of allied health and physiotherapy business, Life Ready Health Group.
- Hancock Prospecting: on its contested (and ultimately successful) unsolicited, off-market takeover bid for Atlas Iron (valued at approximately AUD427m), including advising on Takeovers Panel proceedings brought in the course of the bid.
- Programmed Maintenance Services: on its acquisition by PERSOL Holdings Co. Ltd. of Japan (for AUD992m enterprise value) by way of a scheme of arrangement.
- Macmahon Holdings: on its successful defence of an off-market takeover bid by CIMIC Group (valued at approximately AUD175m), including advising on Takeovers Panel proceedings brought in the course of the bid.
