Jan 30, 2018
Osler is pleased to announce that China Molybdenum Co., Ltd’s (CMOC) US$1.5-billion acquisition of Anglo American’s Brazilian niobium and phosphates businesses and its US$2.65-billion acquisition of Freeport-McMoRan Inc.’s indirect 56% interest in the Tenke Fungurume copper-cobalt mine have been named the China Business Law Awards’ 2017 Deals of the Year by the China Business Law Journal. Osler is proud to have represented CMOC on both transactions and was the only Canadian law firm to have worked on any of the Deals of the Year, which comprise some of the most significant deals made in China in 2017.
The Osler teams representing CMOC on both transactions were led by Marc Kushner and included Michael Budabin McQuown, Alix Morse, Douglass Dawson and Jillian Mulroy (Corporate); Paul Seraganian and Jennifer Lee (Tax); Shuli Rodal (Competition/Antitrust and Foreign Investment); and Andrew Herr and Nathan Whitaker (Financial Services).
Established in the People's Republic of China, CMOC is primarily engaged in the mining and processing, smelting, deep processing, trade, research and development of molybdenum, tungsten, gold and other precious metals.
Presented annually, the China Business Law Awards are based on an extensive review process of hundreds of nominations from mostly China-focused corporate counsel, senior managers and legal professionals from around the world. Winners are determined based on surveys and a combination of factors, including each firm’s notable deals, cases and other achievements in the past year.
Read more about the China Business Law Awards.