China Molybdenum Co., Ltd.

China Molybdenum Co., Ltd. in its proposed acquisition of IXM B.V. from NCCL Natural Resources Investment Fund for US$495 million

Client

China Molybdenum Co., Ltd.

Value

US$495 million

Service

Mergers and Acquisitions

Date Closed

Industry

Mining

Lead Office

New York


On December 4, 2018, China Molybdenum Co., Ltd. announced that its wholly-owned subsidiary CMOC Limited has agreed to buy 100% equity interests of IXM B.V., for a  purchase price of US$495 million.

Headquartered in Geneva with expert teams on the major continents, IXM sources, blends, exports, transports and merchandises copper, zinc, lead concentrates, copper blister and refined base metals.

China Molybdenum Co., Ltd. (CMOC) is a global natural resource company engaged in the mining, processing and marketing of mineral products. The Company, which has operations in China, Australia, Brazil and the Democratic Republic of Congo, is committed to being a sustainability leader by creating economic, social, and environmental value where they operate and adhering to global sustainability best practices.

Osler, Hoskin & Harcourt LLP is counsel to CMOC with a team led by Marc Kushner that includes Jillian Mulroy (Corporate), Shuli Rodal, Jake Schmidt (Competition/Antitrust) and Paul Seraganian (Tax).


Team
Marc  Kushner
Key Contact

Marc Kushner

Partner, Corporate

Jillian Mulroy

Jillian Mulroy

Associate, Corporate

Shuli Rodal - Competition Lawyer

Shuli Rodal

Partner, Competition/Antitrust & Foreign Investment

Paul Seraganian - Cross Border Tax Lawyer

Paul Seraganian

New York Managing Partner