DLA Piper is advising Atlas Iron Limited (ASX: AGO) on its agreement with Mineral Resources Limited (ASX: MIN) to combine by way of scheme of arrangement in a deal that values the iron ore miner at AU$297.6 million.

The DLA Piper team was led by Perth-based Corporate partners Michael Bowen and Scott Gibson with special counsel Hedley Roost, senior associate Cameron Bill and solicitor Sarah Fay.

Michael Bowen said: "We are delighted to be advising Atlas on this significant agreement. The combination of Atlas and Mineral Resources delivers strong synergies between the businesses as well as a greater diversification in the commodities market for the business and its shareholders."

This latest transaction is one of three recently announced large-scale resources deals currently being advised by DLA Piper, alongside the AU$450 million merger between Tawana Resources and Alliance Minerals (including debt facility and capital raising) and power generation specialist Pacific Energy’s AU$90 million acquisition of Contract Power.