Investor Consortium Acquires Stake in CBMM

Skadden is representing Companhia Brasileria de Metalurgia e Mineração in its $1.95 billion sale of a 15 percent stake in CBMM to a Japanese and South Korean investor consortium, announced on March 14. Brazil-based CBMM is the most comprehensive supplier of niobium products in the world. The firm also is representing CBMM in connection with a related long-term niobium supply agreement.