Düsseldorf, 5 April 2016. Linklaters advised thyssenkrupp on the acquisition of the minority interests in the Brazilian steel mill thyssenkrupp CSA. The seller of the interests of 26.87 per cent is the current minority owner Vale S.A. As a result, thyssenkrupp will be the sole owner of CSA in the future.

In the context of the acquisition of the interests, Vale’s minority rights and its rights to participate in decision-making as well as the existing operational performance and supply relationships between Vale and CSA will be terminated or re-negotiated.

The completion of the transaction is subject to approval by thyssenkrupp’s supervisory board and compliance with suspensive conditions and approvals, including those of Brazilian competition authorities.

A Linklaters team led by Dr Ralph Wollburg and Kristina Klaaßen-Kaiser (both Corporate/M&A, Düsseldorf) advised on the transaction. The team also included Dr Sebastian Benz (Tax, Düsseldorf), Dr Carsten Grave (Competition/Antitrust, Düsseldorf), Pieter Riemer (Corporate/M&A, Amsterdam), Scott Sonnenblick (Corporate/M&A, New York), Dr Christoph van Lier (Corporate/M&A, Düsseldorf), Dr Tim Mundhenke (Tax, Düsseldorf), Gijs Smit (Corporate/M&A, Amsterdam), Maikel van Wissen (Competition/Antitrust, Amsterdam), Dr Jan Lindenlauf (Corporate/M&A, Düsseldorf), Christoph Barth (Competition/Antitrust, Düsseldorf) and Clara Pang (Corporate/M&A, New York).