USA Rare Earth to buy Brazil's Serra Verde in ~$2.8B cash and stock deal (USAR:NASDAQ)

USA Rare Earth to buy Brazil's Serra Verde in ~$2.8B cash and stock deal (USAR:NASDAQ)

Summary

USA Rare Earth to acquire Brazilian rare earths miner Serra Verde Group for $300M in cash and 126.85M common shares, implying an equity value of ~$2.8B.

Description

USA Rare Earth to acquire Brazilian rare earths miner Serra Verde Group for $300M in cash and 126.85M common shares, implying an equity value of ~$2.8B.

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