Sandfire Resources Completes $2.6b Spanish acquisition
- Sandfire Resources (SFR) completes US$1.86 billion (A$2.60 billion) acquisition of MATSA Mining Complex in Spain
- In mid-September, the company announced it was planning to raise $1.28 billion to help fund the acquisition
- MATSA is a large-scale, long-life underground copper operation which hosts three underground mining operations
- The completion of the acquisition follows the satisfaction of outstanding conditions including Foreign Investment Authority approval and the completion of authority approval
- Sandfire is up 0.89 per cent with shares trading at $6.77
