Gide Loyrette Nouel Furthers Its Role as Legal Counsel to Mining Group KGHM Polska Miedz S.A. by Advising on Its USD 3.5 Billion Investment in Canada, the United States, and Chile

Wednesday, December 14, 2011
Tags:  Gide Loyrette Nouel
Gide Loyrette Nouel Warsaw is advising KGHM Polska Miedź S.A., the world’s ninth-largest producer of copper and third-largest producer of silver, on its acquisition of 100% of the shares in the Canadian mining firm Quadra FNX Mining Ltd. which is listed on the Toronto stock exchange and owns mines in the USA (Arizona and Nevada), Canada (Ontario) and Chile (Sierra Gorda).

The agreement for the acquisition of Quadra FNX was signed in Toronto on 6 December 2011. The transaction is expected to close in the first quarter of 2012, making KGHM Polska Miedź the fourth largest copper producer in the world. 
The transaction is estimated at 9.5 billion złoty (USD 3.5 billion). 
KGHM Polska Miedź S.A. is being advised by Gide Loyrette Nouel partners Dariusz Tokarczuk and Rafal Dziedzic.