Salans has advised Central African Mining & Exploration Company Plc (‘CAMEC’), the AIM-listed African focused emerging diversified producer, in connection with its recommended takeover offer by Eurasian Natural Resources Corporation (‘ENRC’) for £584 million which was announced on 18 September 2009. ENRC is a Londonlisted Kazakh mining group.
The Salans team was led by corporate partner, Philip Enoch, with assistance from partners Caroline Havers and Peter Hughes, as well as associates Laura Chandler, Angela Mount and Chris O'Connor. Herbert Smith acted for ENRC.
CAMEC Chairman Phil Edmonds commented on the deal: “We have a long-standing relationship with Salans and their focus and commitment to delivering the best advice throughout this process has been invaluable.”
Philip Enoch comments, “We have had a successful relationship with CAMEC since its inception in 2001 and we are delighted to be acting for the company on this important transaction."
Contacts:
Philip Enoch
Partner
Corporate
E: penoch@salans.com
T: 020 7429 6129
Jeff Naqvi
Deputy Chief Marketing Officer
E:jnaqvi@salans.com
T: 020 7429 6029