BOSTON – Troutman Pepper Locke represented Champion Iron Limited (TSX: CIA; ASX: CIA; OTCQX: CIAFF) on U.S. legal matters in connection with its entry into a transaction agreement with Rana Gruber ASA, a leading Norwegian producer of high-grade iron ore, on terms of a conditional recommended voluntary cash tender offer to acquire all of the issued and outstanding shares of Rana Gruber ASA at a price of NOK 79 (US$7.79) per share, representing a total equity value of approximately NOK 2,930 million (US$289 million). For more information, see the press release.
The Troutman Pepper Locke team that advised Champion Iron Limited included Tom Rose and Shona Smith.
Consistently recognized as a top-tier practice, Troutman Pepper Locke’s corporate attorneys regularly handle strategic deals for clients ranging from industry-leading, Fortune 100 corporations to emerging companies. Core areas of service include mergers and acquisitions, corporate finance, corporate governance, securities laws compliance, capital markets transactions, and other significant domestic and cross-border transactions, as well as general corporate counseling.
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