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Cabot to sell its Specialty Fluids business to Sinomine (Hong Kong) Rare Metals Resources Co. Limited for $135 million

January 2019

Jones Day is advising Cabot Corporation in the sale of its Specialty Fluids Business to Sinomine (Hong Kong) Rare Metals Resources Co. Limited, a wholly owned subsidiary of Sinomine Resource Group Co., Ltd., for $135 million. The purchase price consists of $130 million to be paid at closing, subject to customary closing adjustments, and additional cash royalties of up to $5 million for lithium products, payable over a ten-year period.

For additional information about this matter, please contact: James P. Dougherty, Liming Yuan

Client(s): Cabot Corporation