Vale snaps up mining counterpart in Brazil

White & Case LLP in New York and the São Paulo offices of Azevedo Sette Advogados and Vinicius Marques de Carvalho Advogados have helped Brazilian mining company Vale buy a majority stake in counterpart Ferrous for 2.1 billion reais (US$550 million), tells Latin Lawyer.

Partner Eduardo Frade and associate Anna Binotto advised Vale on competition matters involving the operation, including the company’s representation before Cade.

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