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Several firms on strategic partnership for Vale’s energy transition
August 29th, 2023
Demarest and Cleary Gottlieb advised Vale; Pinheiro Neto Advogados and Dorsey & Whitney LLP advised Manara Minerals with the execution of a binding agreement, a joint venture between Ma’aden, Saudi Arabian state-owned mining company and PIF, sovereign wealth fund of the same country, under which Manara Minerals will invest in Vale Base Metals Limited, the holding entity of Vale’s energy transition metals business, at an implied enterprise value of US$ 26 billion.
Related Partner
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Allan Kenji Tasaka
Dora Pimentel Mendes de Almeida
Fabio Nogueira Tayar
João de Godoy
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Compliance and Investigations Corporate Infrastructure, Transport and Logistics Life Sciences Mergers and Acquisitions Mining Private Equity and Venture Capital Public and Regulatory Law Tax
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