Linklaters is understood to be advising Glencore Xstrata on the $4bn-$5bn (£3bn) sale of its Las Bambas copper mine in Peru. The company has been obliged to sell Las Bambas by Chinese competition regulators as a condition of the $64bn (£41bn) merger between commodities trader Glencore and mining giant Xstrata that took place in May this year http://www.legalweek.com/legal-week/news/2266124/glencore-xstrata-confirms-top-legal-role-as-megamerger-completes
July 23, 2013 at 05:09 AM
1 minute read
The original version of this story was published on Legalweek
Linklaters is understood to be advising Glencore Xstrata on the sale of its Las Bambas copper mine in Peru for as much as $5bn (£3.3bn).
The newly merged mining giant has been obliged to sell Las Bambas by Chinese competition regulators as a condition of this year’s $64bn (£41bn) combination of commodities trader Glencore and mining giant Xstrata.
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