KGHM Polska Miedz Acquires Quadra FNX Mining

Quadra FNX Mining Ltd. (“Quadra FNX”) and KGHM Polska MiedŸ S.A. (“KGHM”) completed a court-approved plan of arrangement whereby an indirect, wholly owned subsidiary of KGHM acquired all of the issued and outstanding common shares of Quadra FNX for total cash consideration of approximately $3 billion. Quadra FNX is now an indirect wholly owned subsidiary of KGHM and changed its name to KGHM International Ltd. effective March 12, 2012.

KGHM was represented by Davies Ward Phillips & Vineberg LLP with a team in Toronto that included William Ainley, Peter Hong, Robin Upshall and Tracie Allan (M&A); Ian Crosbie and Raj Juneja (tax); Natasha vandenHoven (labour & employment) and George Addy, Richard Elliott and Erika Douglas (competition/antitrust); and a team in New York comprising Gerald Shepherd and Paul Watkins (M&A) and Scott Semer (tax). KGHM was represented in Poland by Dariusz Tokarczuk and Rafal Dziedzic of Gide Loyrette Nouel.

Cassels Brock & Blackwell LLP advised the special committee of Quadra FNX with a team that included Paul Stein and Jeffrey Roy (mining and M&A) and Jennifer Hansen and Sandra Maio (securities). Blake, Cassels & Graydon LLP acted as counsel to Quadra FNX with a team led by Peter O'Callaghan and Andrew McLeod and that included Steven McKoen, Susan Tomaine, Jonathan Hoyles, Mischa Zajtmann and Hila Wesa (M&A); Bruce Sinclair and Kevin Zimka (tax); Michael Howcroft (labour & employment) and Jason Gudofsky and Lucian Vital (competition/antitrust).

Quadra FNX was represented in the US by Paul, Weiss, Rifkind, Wharton & Garrison LLP with a team that included Adam Givertz (M&A) and Lawrence Witdorchic (labour & employment). Robert Simon of Greenberg Traurig LLP (tax) and a team from Freshfields Bruckhaus Deringer LLP that included Michael Han, Paul Yde and Rich Snyder (competition/antitrust) also advised Quadra FNX in connection with the transaction.