Mayer Brown and T&C advise Chalco on BRL 4.69 billion acquisition of control of Companhia Brasileira de Alumínio

Aluminum Corporation of China Limited (Chalco) was advised by Mayer Brown and Tauil & Chequer (T&C) in connection with its joint acquisition with Rio Tinto of a 68.596% controlling stake in Companhia Brasileira de Alumínio (CBA). The BRL 4.69 billion agreement, which marks Chalco’s entry into the Latin American market with the acquisition of a fully integrated, market-leading aluminum production, is the biggest deal in Brazil’s aluminum sector in the last 15 years.