04
BDOVALUATIONS
BDOVALUATIONS
05
AUSTRALIA
AUSTRIA
Acquisition of a 26% interest in Dragon Mining Ltd by APAC Resources Ltd
The BDO Valuations team in Australia was engaged by Dragon Mining Ltd to provide an independent expert report giving an opinion to shareholders on the proposal for APAC Resources Ltd to acquire a 26% interest in Dragon Mining Ltd from Allied Group Ltd. Dragon Mining Ltd is an Australian incorporated company that is listed on the Hong Kong Stock Exchange with gold mining and processing operations in Finland and Sweden. BDO was required to value Dragon Mining's operations to determine the value of the company as a whole before arriving at a value for the 26% interest to assess whether any premium for control was being paid by APAC Resources Ltd.
The Austrian BDO Valuations team was engaged by the management of the illwerke vkw AG to act as the lead financial advisor on the transaction of the acquisition of a 49% stake in a leading manufacturer of photovoltaic and solar systems. The acquisition allowed Illwerke vkwAG to establish a Joint Venture representing a full service provider for PV systems, load management, energy storage and charging infrastructure. Illwerke vkwAG is a majority state owned energy holding company. The portfolio comprises power grids, solar, hydro, and thermoenergy plants besides others. The endeavour was part of a local government initiative to triple the current amount of PV panels on roofs and to meet the national renewable energy expansion targets. Due to state subsidies, the construction of PV energy plants was never more profitable, and thus demand by companies and private households is high.
Valuation of a PV manufacturer
BDO contact for this transaction
BDO contact for this transaction
SHERIF ANDRAWES Global Head of Natural Resources sherif.andrawes@bdo.com.au
HARALDWIMMER Senior Manager harald.wimmer@bdo.at
INTERNATIONAL SNAPSHOTS 2022
INTERNATIONAL SNAPSHOTS 2022
Made with FlippingBook HTML5