Rebaza Alcázar counsels Los Quenuales on sale of Contonga Minería
Peruvian law firm Rebaza Alcázar & De Las Casas has counselled Empresa Minera Los Quenuales, a subsidiary of Glencore, on the sale of all the shares of Contonga Minería to Norcobre, a company of the Compañía Minera Lincuna group.
This transaction was closed on 18 May, where CMS Grau acted as advisor to Norcobre.
The advice involved a prior corporate reorganisation and transfer of mining concessions, permits and authorisations in favour of Contonga, in conjunction with a corporate reorganisation.
The transaction was authorised by INDECOPI under a prior corporate concentration control procedure in place since 2021.
The in-house counsels advising on the transaction were Adam Luckie, Mario Madau, Manuel Martínez and Ericka Cobena for Los Quenales; and Rodrigo Valencia for Norcobre.
CMS Grau’s team included partners Cecilia Gonzales and Raúl Ferreyra, and associates Patricia Gaurevich and Carlos Zavala.
Rebaza Alcazar’s team comprised partners Luis Miguel Elías (pictured left) and Victor Valdez (pictured right), and associates David Baracco, Llanet Gaslac, Josefina Arana and María José García.
