Several law firms advise on the sale of CBA’s stake to Chinalco
Stocche Forbes, Machado Meyer, Tauil & Chequer and others international law firms advised on the transaction involving the sale by Votorantim of 68.596% of the total and voting capital of Companhia Brasileira de Alumínio (CBA) to a joint venture formed by Chinalco and Rio Tinto.
The deal was structured through a joint venture, a model in which two or more companies join forces to control a specific asset. In this case, the partnership now controls CBA, one of the country’s leading integrated aluminum producers and also a major player in the renewable energy sector.
The transaction value was USD 893,213,230.00 (about BRL 4,7 billion).
Machado Meyer advised Rio Tinto and relied on lead partners Guilherme Malouf (pictured left); Liliam Yoshikawa, partners Ana Karina Souza; Celso Costa; Clarissa Figueiredo de Souza Freitas; Diana Pacifico Henne; Luiz Eduardo Miranda Rosa; Martina Zajakoff Predtechensky; Roberta Danelon Leonhardt, Maria Eugenia Novis, lawyers Victor Goulart Lazarini; Rafael Costa Silva; Lais da Silva Oliveira Dis Santos Filadelfo; Esther Ormos Windmüller; Aline Barreto de Moraes e Castro Philodemos; Lair da Silva Magalhães Loureiro; Erica Yamashita.
Stocche Forbes Advogados advised Votorantim and relied on partners André Stocche (pictured right), Rafael Andrade, Luciana Stracieri, Alessandra Zequi, Ricardo Freoa and Ana Paula Paschoalini, associates Luis Filipe Ferreira da Costa and Thomás Felipe Crosta.
Cleary Gottlieb also represented Votorantim and relied on partner Juan Giráldez (pictured center), Dan Culley and Cunzhen Huang and associate Yiming Sun.
Linklaters also advised Rio Tinto and relied on George Casey, Vinita Sithapathy, Rebecca Iles and Caroline Aguiar.
King & Wood Mallesons also advised Chinalco and relied on George Zhao and Alice Shen, Yang.
Tauil & Chequer Advogados advised Chinalco; the team was not disclosed.
In-house counsel to Votorantim: Glaisy Peres Domingues and Caio Maron Zanini.
