OAKWELL ASSOCIATES ACQUIRE CONSOLIDATED MINING INVESTMENTS
By John Lester, Business Intelligence Group
Oakwell Associates, an American specialist investment group, signed a $4.2-billion acquisition deal with Consolidated Mining Investments on December 12, 2004.
Consolidated Mining Investments has five capital funds – all with substantial investments in global mining corporations and exploration ventures.
“Oakwell Associate’s acquisition of Consolidated Mining Investments firmly supports the Group’s preference of investing in mining houses and commodities,” Mr. Jorgé Vicente, President of the Oakwell Associates, said.
“This highly complex transaction was structured and facilitated by the authoritative Paulsmeier Inc. Group in just over nine months,” Mr. Vicente said.
He added that this transaction is only one of the few Oakwell Associates intend to finalize in the near future.
Informed sources at Goldman Sachs believe Oakwell Associates is currently also involved with significant investments in Russia. Their notion is particularly supported by the frequent visits to Moscow by the Oakwell Associates executive investment team.
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