White & Case advises Vale S.A. on its Joint Venture with Anglo American in Brazil
1 min read
Global law firm White & Case LLP is advising Vale S.A., a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil, on its joint venture with Anglo American involving Vale's acquisition of a 15 percent ownership interest in Anglo American Minério de Ferro Brasil S.A. ("AAMFB"), the owner and operator of the Minas-Rio mine in Brazil, through Vale's contribution of Serra da Serpentina's iron ore resources to AAMFB and a supplemental cash contribution.
The closing of the transaction is subject to the satisfaction of customary conditions precedent, including applicable antitrust clearance.
The White & Case team was led by M&A partner Emilio Grandio, and Project Development and Finance partners Steven Otillar (both in Houston) and Fernando de la Hoz (Miami). The team also includes M&A associates Christopher Hebert and Marina Gomm Santos (both in Miami); Project Development and Finance associates Carlos Ramon Diaz Sordo, Marissa Maxim (both in Houston) and Mae Espinosa (Miami); Antitrust partner Marc Israel and associate Joao Lacerda (both in London); Debt Finance partner Shane McDonald, and associates Clara Davies and Jack Elliott (both in London); Tax partner David Dreier and associate Nir Fishbien (both in New York); and Latin America Fellow Paula Trindade (New York).
Press contact
For more information please speak to your local media contact.