{"id":1017,"date":"2023-07-07T18:38:21","date_gmt":"2023-07-07T21:38:21","guid":{"rendered":"http:\/\/162.240.171.204\/~wwvbso\/?p=1017"},"modified":"2024-08-23T15:04:37","modified_gmt":"2024-08-23T18:04:37","slug":"en-vbso-advises-intercement-on-the-sale-of-its-business-in-africa","status":"publish","type":"post","link":"https:\/\/vbso.com.br\/en\/en-vbso-advises-intercement-on-the-sale-of-its-business-in-africa\/","title":{"rendered":"VBSO advises Intercement on the sale of its business in Africa"},"content":{"rendered":"<p><strong>The Latin American Lawyer<\/strong><\/p>\n<p><strong>VBSO Advogados\u00a0<\/strong>advised to the Brazilian group\u00a0<strong>Intercement Participa\u00e7\u00f5es<\/strong>\u00a0in the process of selling its businesses in Mozambique and South Africa to Chinese company\u00a0<strong>Huaxin Cement\u00a0<\/strong>Co. Ltd.<\/p>\n<p>The agreement establishes the value of the \u201cOperation Africa\u201d companies at $265 million. This sale contributes to Intercement\u2019s liability management plans, as the group seeks to reaffirm its focus on its core markets in South America.<\/p>\n<p>The transaction was advised by the law firms\u00a0<strong>Ur\u00eda Men\u00e9ndez<\/strong>\u00a0in Europe and\u00a0<strong>Webber Wentzel<\/strong>\u00a0in South Africa and is subject to standard preconditions, including regulatory approvals in China, Mozambique, and South Africa.<\/p>\n<p>Upon completion of this sale, Intercement Participa\u00e7\u00f5es will become the owner of 23 cement factories, with a combined installed capacity of approximately 29 million tons per year.<\/p>\n<p>VBSO relied on led partner\u00a0<strong>Renata Simon<\/strong>\u00a0and lawyer Patricia Catache Mancini.<\/p>\n<p><a href=\"https:\/\/thelatinamericanlawyer.com\/vbso-advises-intercement-on-the-sale-of-its-business-in-africa\/\" target=\"_blank\" rel=\"noopener\"><strong>Click here<\/strong> <\/a>to read the full article.<\/p>","protected":false},"excerpt":{"rendered":"<p>The Latin American Lawyer VBSO Advogados\u00a0advised to the Brazilian group\u00a0Intercement Participa\u00e7\u00f5es\u00a0in the process of selling its businesses in Mozambique and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1122,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[38],"autor":[],"class_list":["post-1017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-fusoes-e-aquisicoes"],"acf":[],"_links":{"self":[{"href":"https:\/\/vbso.com.br\/en\/wp-json\/wp\/v2\/posts\/1017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vbso.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vbso.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vbso.com.br\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/vbso.com.br\/en\/wp-json\/wp\/v2\/comments?post=1017"}],"version-history":[{"count":1,"href":"https:\/\/vbso.com.br\/en\/wp-json\/wp\/v2\/posts\/1017\/revisions"}],"predecessor-version":[{"id":1018,"href":"https:\/\/vbso.com.br\/en\/wp-json\/wp\/v2\/posts\/1017\/revisions\/1018"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vbso.com.br\/en\/wp-json\/wp\/v2\/media\/1122"}],"wp:attachment":[{"href":"https:\/\/vbso.com.br\/en\/wp-json\/wp\/v2\/media?parent=1017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vbso.com.br\/en\/wp-json\/wp\/v2\/categories?post=1017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vbso.com.br\/en\/wp-json\/wp\/v2\/tags?post=1017"},{"taxonomy":"autor","embeddable":true,"href":"https:\/\/vbso.com.br\/en\/wp-json\/wp\/v2\/autor?post=1017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}