13 July 2022
Deals | Warsaw | Corporate/M&A
Gide Warsaw advised KGHM International's subsidiaries on the sale of their shares in Sociedad Contractual Minera Franke, which owns the Franke mine in Chile, to Minera Las Cenizas. The agreement was signed on 26 April this year.
The Franke mine is the Altamira region of northern Chile, just south of the Antofagasta region. In the first quarter of 2022, payable copper production at the mine was 2,300 tonnes.
"We are delighted to have advised the client on this important transaction and we are grateful for the trust shown in us again," commented Dariusz Tokarczuk, partner heading the M&A practice.
The client was supported on this project by lawyers from Gide Warsaw in the M&A practice. The work was coordinated by Dariusz Tokarczuk, partner, and the transaction team included Edyta Zalewska and Wojciech Czyżewski, associates.