Ecuador Copper Mine Merger Handled by Dacheng is Named One of 2010’S Ten Most Outstanding M&A Deals by “China Business Law Journal”

China’s commercial law periodical “China Business Law Journal” recently announced 2010’s ten most outstanding China-related merger and acquisition deals. Dacheng Law Offices represented China Railway Construction and China Nonferrous Metals in their joint acquisition of Toronto Stock Exchange listed company Corriente’s junior mining venture, then in their further purchase of Corriente’s copper mining project in Ecuador. Dacheng also participated in China Oil and Dutch Royal Shell Oil’s joint acquisition of Wrigley Energy, in CNOOC’s acquisition of a 50% share in Argentina’s Bridas Corporation, in Sinopec’s purchase of a 55% share in SSI, in Zhejiang Geely’s acquisition of Volvo, and in Guangdong Nuclear Power’s acquisition of Meyer. These and other transactions were selected as among 2010’s ten most outstanding China-related merger and acquisition deals.
 
China Business Law Journal writes about the above deals:

China Railway Construction Investment Co., Ltd was jointly established by Tongling Nonferrous Metals Group Holdings Co., Ltd (China’s second largest copper smelting enterprise) and China Railway Construction Corporation. This joint venture for C$679m acquired a controlling share in Corriente, a junior mining company set up in Vancouver which owns and produces large amounts of copper.
 
The team from Canadian firm Davis LLP was led by Toronto partner Ian McBride, and advised Tongling Nonferrous Metals, China Railway Construction and China Railway Construction Copper Crown. The Chinese adviser to these three companies was Dacheng Law Offices, led by senior partner Jiang Rongqing.
 
Partners Marion Shaw and Judith Downes from Vancouver-based law firm Bull Housser & Tupper LLP advised Corriente. Vancouver partner Peter O’Callaghan from Canadian firm Blake, Cassels & Graydon LLP provided legal advice to Corriente’s Board of Directors.
 
 
For a detailed report, see:
http://www.cblj.com/Feb%2011%20issue/CBLJ%20Feb%2011MW.pdf.