Guillermo Ferrero and Victor Abad

PPU counsels Komatsu on Joy Global stake sale to Mitsui

Philippi Prietocarrizosa Ferrero DU & Uría Peru has counselled Komatsu locally on the sale of 60% of its subsidiaries’ interests in Joy Global (Peru) to Mitsui & Co.

This transaction was signed on 7 March and closed on 2 November, with HCHC Inc. and Joy Global Surface Mining acting as sellers, and Rodrigo Elias & Medrano (REM) acting as local counsel to Mitsui.

The advice involved all aspects of Peruvian law in the transaction, as well as the review and commentary of documents subject to the laws of Japan.

REM’s team included partner Jean Paul Chabaneix and associate Jacques D’Auriol Augusto.

PPU’s team consisted of partner Guillermo Ferrero (pictured left), senior associate Victor Abad (pictured right), and associate Jacqueline Febres.

L Giselle Estrada