Scheme Completed
Perseus Mining acquisition of Predictive Discovery
A$2.1bn equity value
Announced 3 Dec 2025 · ASX: PDI · A$0.778 in scrip per share · 25% premium
Advisers
Predictive Discovery
Target
- Financial adviser
- Legal adviser
Perseus Mining
Acquirer
- Financial adviser
- Legal adviser
- Target
- Predictive Discovery
- Acquirer
- Perseus Mining
- Structure
- Scheme of arrangement
- Completed
- 17 Apr 2026
- Sector
- Gold and silver
In the league tables
- M&A financial advisers, Calendar 2025 Macquarie Capital #5 · Sternship Advisers #10 · BMO Capital Markets #12 · SCP Resource Finance #14 · GenCap Mining Advisory #15
- M&A financial advisers, completed, 2026 to date Macquarie Capital #6 · Sternship Advisers #9 · BMO Capital Markets #10 · SCP Resource Finance #11 · GenCap Mining Advisory #12
- M&A legal advisers, Calendar 2025 Herbert Smith Freehills Kramer #4 · Corrs Chambers Westgarth #11 · Stikeman Elliott #13 · Fasken #17
- M&A legal advisers, completed, 2026 to date Herbert Smith Freehills Kramer #3 · Corrs Chambers Westgarth #9 · Fasken #15 · Stikeman Elliott #16
Similar deals
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- Gold Fields acquisition of Gold Road May 2025 · A$3.7bn · Gold and silver
- Alkane Resources and Mandalay Resources merger Apr 2025 · A$1bn · Gold and silver
- Genesis Minerals and Vault Minerals merger Jul 2026 · A$5.6bn · Gold and silver
Sources
- 3 Dec 2025 Superior Offer to acquire Predictive Discovery ASX
- 3 Dec 2025 PDI: PDI Announces Receipt of Superior Acquisition Proposal ASX
- 3 Dec 2025 PDI Announces Receipt of Superior Acquisition Proposal ASX
- 17 Apr 2026 PDI & Robex Merger Completed ASX


