Linklaters instructed on Vale’s sale of its minority stake in Brazilian steel mill
Linklaters advised thyssenkrupp on the acquisition of Vale´s minority interests in the Brazilian steel mill thyssenkrupp CSA.
The transaction, of undisclosed value, is subject to approval by Brazilian competition authorities and thyssenkrupp’s supervisory board. Market analysts report Vale agreed the sale of its 26.87 % in CSA for a “symbolic price.”
thyssenkrupp is a European multinational conglomerate corporation based in Germany. Vale is the largest producer of iron ore and nickel in the world and is headquartered in Brazil.
The Linklaters team advising thyssenkrupp included partners Dr Ralph Wollburg, Kristina Klaaßen-Kaiser, Dr Sebastian Benz and Dr Carsten Grave in Düsseldorf, Pieter Riemer in Amsterdam and Scott Sonnenblick in New York.