TransactionsCassels Brock Represents Special Committee in Polish Mining Giant's $3.5 Billion Bid for Quadra FNX Mining Ltd.Published: 12/06/2011 By Jennifer Hansen, Sandra Maio, Jeffrey P. Roy, Paul M. Stein On December 6, 2011, Quadra FNX Mining Ltd. ("Quadra FNX") and KGHM Polska Miedz S.A. ("KGHM") announced that they have entered into a definitive agreement pursuant to which KGHM will acquire all of the issued and outstanding common shares of Quadra FNX and all of the outstanding Quadra FNX warrants by way of a Plan of Arrangement. The total transaction value is approximately C$3.5 billion, inclusive of US$500 million of outstanding gross debt. Cassels Brock acted for the special committee of Quadra FNX with a team that included Paul Stein (Securities and Mining), Jeffrey Roy (Securities and Mining), Jennifer Hansen (Securities) and Sandra Maio (Securities). |