24
Wed, Apr
37 New Articles

Gide Advises KGHM International on Sale of Franke Mine in Chile

Gide Advises KGHM International on Sale of Franke Mine in Chile

Poland
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Gide Loyrette Nouel’s Warsaw office has advised subsidiaries of KGHM International on the sale of their shares in Sociedad Contractual Minera Franke – which owns the Franke mine in Chile – to Minera Las Cenizas. Philippi Prietocarrizosa Ferrero DU & Uria reportedly advised the buyer.

According to Gide, “the Franke mine is [located in 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.”

In 2021, Gide advised KGHM, among others, on a USD 700 million financing from Bank Gospodarstwa Krajowego (as reported by CEE Legal Matters on April 1, 2021).

Gide’s team included Partner Dariusz Tokarczuk and Associates Edyta Zalewska and Wojciech Czyzewski.

Baker McKenzie at a Glance

Baker McKenzie brings insight and foresight to clients across more than 70 global offices. Our team of 13,000 people, including over 6,500 lawyers, works alongside our clients to drive growth that is both sustainable – and inclusive. The global business community is more interconnected than ever before. Opportunities and risks spill across different markets, sectors and areas of law, so a connected perspective is essential in delivering business objectives while mitigating risk. Our integrated client solutions provide seamless advice, underpinned by deep practice and sector expertise, as well as first-rate local market knowledge.

In the Central and Eastern European (CEE) region, Baker McKenzie's expansion remains steadfast, with a thriving team of over legal professionals. Our footprint extends across six offices in Austria, the Czech Republic, Hungary, Poland, Türkiye, and Ukraine. As part of our global network, coupled with well-established partnerships throughout the entire CEE landscape, we proudly stand as one of the foremost international law firms in this dynamic territory. Our reputation as a premier business law firm in CEE is a testament to our extensive experience in advising on a multitude of prestigious projects and nurturing enduring client relationships.

Firm's website.