Pine Forests, Celulosa Arauco y Constitución S.A., VIII Region of El Bio Bio, Chile

Mergers and Acquisitions

Divestitures

Our team has a long track record conducting divestiture processes of operating companies, strategic assets and divisions. We have conducted divestiture processes of various kinds, including private and public auctions, local and international divestitures, sales to private equity and financial investors, sales to competitors and new entrants to an industry,  sales or block trades of controlling and minority equity stakes, sales to partners and third parties. Each process is unique and has to be adapted to the specific circumstances of the company and its owners. Structuring process by keeping a high level of competitive tension and confidentiality, two key elements in these engagements, is crucial.

Ventanas Smelter, Codelco, V Region of Valparaiso, Chile

Ventanas Smelter, Codelco, V Region of Valparaiso, Chile

Codelco engaged Asset and UBS to develop a structured finance transaction with China Minmetals, the largest importer of copper in China. Codelco and Minmetals entered into a long term copper supply contract involving a US$550 million upfront payment to Codelco.