Jacob is a Senior Associate in the 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:
- 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.
