Scheme Completed
Ganzhou Chenguang Rare Earths New Material Co. acquisition of Peak Rare Earths
A$151m consideration
Announced 15 May 2025 · ASX: PEK · A$0.359 cash per share · 199% premium
Advisers
Peak Rare Earths
Target
- Financial adviser
- Legal adviser
- Independent expert
- Independent Technical Specialist
Ganzhou Chenguang Rare Earths New Material Co.
Acquirer
Not disclosed
- Target
- Peak Rare Earths
- Acquirer
- Ganzhou Chenguang Rare Earths New Material Co. (Shenghe)
- Structure
- Scheme of arrangement
- Completed
- 1 Oct 2025
- Sector
- Rare earths, mineral sands and critical minerals
In the league tables
- M&A financial advisers, Calendar 2025 Macquarie Capital #5
- M&A financial advisers, completed, Calendar 2025 Macquarie Capital #6
- M&A legal advisers, Calendar 2025 Corrs Chambers Westgarth #11
- M&A legal advisers, completed, Calendar 2025 Corrs Chambers Westgarth #9
- Independent experts, Calendar 2025 RSM #7
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Sources
- 15 May 2025 Peak to be acquired by Shenghe following Entitlement Offer ASX
- 18 Aug 2025 Despatch of Scheme Booklet and Letters to Shareholders ASX
- 1 Oct 2025 Removal from Official List ASX