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Matthew Love is an associate in our Global Mining & Metals Industry Group. Matthew has significant experience advising on energy and resource-based projects located in Australia, Mongolia, Laos, Thailand, Indonesia and North America.
Matthew has advised on all aspects of such projects including project investment, financing and development; mergers, acquisitions and joint ventures; equity and debt capital raisings; and corporate reorganizations.
Representation of Twinwood Limited (a privately owned company) on its divestment of the Les Ambassadeurs Club in Mayfair, London to a subsidiary of Landing International Development Limited, a company listed on the Hong Kong Stock Exchange. The sale price is £137 million on the assumption of a cash free/debt free sale at completion.
Representation of OCP Asia, an Asia-focused alternative investment fund manager, in relation to its US$50m investment into DQ Entertainment (International), a Hyderabad-based animation and game art company.
Representation of Zijin Mining Group Co. Ltd. (Gold Mountains (HK) International Mining Company Ltd.) as Hong Kong Counsel in relation to the US$298 million acquisition of a 50% interest in the Porgera Gold Project in Papua New Guinea from Barrick Gold Corporation.
Representation of MMG Limited and the MMG-led consortium including Guoxin International Investment Corporation Limited (22.5 percent) and CITIC Metal Peru Investment Limited (15 percent) on the US$7 billion acquisition of the Las Bambas copper project in Peru from Glencore plc. We advised MMG on the consortium shareholder arrangements, and the consortium on the M&A, HKSE approvals and financing of the acquisition (including ongoing project development costs) through a combination of equity and long-term debt facilities from a banking syndicate arranged by China Development Bank. The Las Bambas project is a world-class copper asset with prospective, near-mine exploration opportunities located in Cotabambas, Apurimac region of Peru. The estimated mine life is in excess of 20 years and is expected to produce over two million tonnes of copper in concentrate in its first five years of operation. MMG will become one of the world’s largest copper producers. This deal won "2015 Energy & Resources Deal of the Year" by ALB China Law, "2014 Global M&A Deal of the Year, Latin America/Peru" by American Lawyer, "2014 Deal of the Year" by China Business Law Journal and "2014 M&A Deal of the Year" by Latin Lawyer.