Slaughter and May and Maples and Calder are representing Chinalco Mining Corporation International (CMC) in relation to its proposed privatisation by Aluminum Corporation of China Overseas Holdings Limited (ACCO).
The privatisation is to be implemented by way of a scheme of arrangement and the proposed withdrawal of listing of its shares on the Hong Kong Stock Exchange. The amount of cash required for implementation will be approximately $326 million.
Slaughter and May partners Benita Yu and Charlton Tse as well as Maples and Calder partner John Trehey are advising CMC.