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Eversheds comment: No shortage of Chinese capital for right natural resources deal

  • United Kingdom

    14-04-2014

    Commenting on news that a Chinese consortium is buying Glencore Xstrata's copper mine in Peru, Stephen Kitts, Asia managing partner at global law firm Eversheds, says:

    “China has for many years had a keen interest in the natural resources sector and this deal demonstrates that, despite an apparent slowing of the Chinese economy, there continues to be an appetite to make outbound investments in strategically important sectors. The all-cash nature of the transaction also underlines there is no shortage of capital for the right deal."

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