China/Hong Kong
White & Case Hong Kong partner John Tivey and Dentons Beijing partner Sarah Zeng are advising a consortium led by MMG Ltd., a Melbourne-based, Hong Kong–listed subsidiary of state-owned China Minmetals Corp. on a proposed $5.85 billion acquisition of a Peru copper project from GlencoreXstrata. MMG owns a 62.5 percent share in the venture, which is expected to produce 400,000 metric tons of copper a year once mining begins in 2015. The White & Case team also includes Hong Kong partners Julian Chung and Anthony Vasey, Beijing partner Xiaoming Li, São Paulo partner Fernando de la Hoz and London partner Rebecca Campbell. MMG general counsel Nick Myers, deputy general counsel Allison Purdey and group counsel Leigh Mollison are also working on the deal. Baker & McKenzie Beijing partner Bee Chun Boo is representing CITIC Metal in the consortium. Linklaters London partners Charles Jacobs, David Avery-Gee and Christian Ahlborn, along with Hong Kong partner Robert Cleaver, are acting for GlencoreXstrata. [Read full story]
