Punta del Cobre S.A.’s Merge with Pacífico V Región S.A.


Barros & Errázuriz and Larrain y Asociados advised on the deal

Punta del Cobre S.A. (Pucobre) finalized the acquisition of Pacífico V Región S.A. in a reverse merger under which Pucobre absorbed its parent company Pacífico.

The transaction is subject to customary closing conditions.

Pucobre is a company dedicated to the extraction of copper in the Atacama Region, northern of Chile. It also has two projects under development: Tovaku, in the Antofagasta Region and El Espino, in the Coquimbo Region. Pucobre was founded in 1989 and is headquartered in Santiago de Chile.

Pacifico V Region SA through its affiliate extracts and processes copper in leeching plants throughout Chile. The company, led by Gonzalo Ibanez Langlois, Jose Nicolas Hurtado Vicuna and

Diego Errazuriz Vidal, recorded $230 Million Revenues.

Barros & Errázuriz has advised Pacífico with a team including Cristián Barros, Javier Díaz, Francisco Vial and Luz María Guridi.

Larrain y Asociados has advised Sociedad Punta del Cobre S.A. with Jorge Granic (Picture), Arturo Bulnes and Juan de Dios Ferrada.

Involved fees earner: Jorge Granic L. – Larraín y Asociados; Arturo Bulnes – Larraín y Asociados; Juan de Dios Ferrada – Larraín y Asociados; Cristián Barros – Barros & Errázuriz Abogados; Francisco Vial – Barros & Errázuriz Abogados; Luz María Guridi Tagle – Barros & Errázuriz Abogados; Javier Díaz Velásquez – Barros & Errázuriz Abogados;

Law Firms: Larraín y Asociados; Barros & Errázuriz Abogados;

Clients: Pacifico V Region SA; Punta del Cobre S.A. ;