Our M&A lawyers are among the most experienced and effective in the world. We represent many of the world's largest publicly traded and privately held companies, as well as leading private equity firms on their most important mergers, acquisitions and takeover transactions.
Lundin Mining Agrees to Sell Interest in Tenke Copper Project for $1.136 Billion
- Client News
- November 15, 2016
As reported in The Wall Street Journal and other media outlets, Paul, Weiss client Lundin Mining Corporation announced that it has agreed to sell its indirect interest in the Tenke copper project in the Democratic Republic of Congo to an affiliate of Chinese private equity firm BHR Partners and China Merchant Bank for $1.136 billion in cash and a contingent consideration of up to $51.4 million. The transaction is expected to close in the first half of 2017.
The Paul, Weiss team included corporate partner Adam Givertz; litigation partners Charles Davidow and Andrew Gordon; and tax partner David Sicular.
