Takeover Completed
Champion Iron acquisition of Rana Gruber ASA
NOK 2.9bn equity value
Announced 21 Dec 2025 · NOK 79.00 cash per share
Advisers
- Target
- Rana Gruber ASA
- Acquirer
- Champion Iron
- Structure
- Off-market takeover
- Completed
- 10 Apr 2026
- Stake
- 92%
- Sector
- Iron ore and steel
In the league tables
- M&A financial advisers, Calendar 2025 Clarksons Securities #67 · DNB Carnegie #67
- M&A financial advisers, completed, 2026 to date Clarksons Securities #38 · DNB Carnegie #38
- M&A legal advisers, Calendar 2025 Ashurst Perkins Coie #1 · Stikeman Elliott #13 · McCarthy Tétrault #81 · BAHR #81 · Wikborg Rein #81
- M&A legal advisers, completed, 2026 to date Ashurst Perkins Coie #1 · Stikeman Elliott #16 · McCarthy Tétrault #37 · BAHR #62 · Wikborg Rein #62
Similar deals
- Killi Resources acquisition of Lodestone Iron Ore Project Jun 2026 · A$20.4m · Iron ore and steel
- Cerberus Capital Management, L.P. acquisition of Aztec Resources Jun 2026 · Iron ore and steel
- SGH acquisition of BlueScope Steel Jan 2026 · Iron ore and steel
- Buccaneer Resources acquisition of Cockatoo Island Project Sep 2025 · A$4.5m · Iron ore and steel
- Fenix Resources acquisition of Weld Range Project (right to mine iron ore) Sep 2025 · A$60m · Iron ore and steel
Sources
- 22 Dec 2025 Champion Iron to launch cash offer to acquire Rana Gruber ASX
- 13 Apr 2026 Champion Iron completes the acquisition of Rana Gruber ASX