A Fox Rothschild corporate deal team led by Erin Letey and Jane Pryjmak represented First Mode, a global carbon reduction company focused on heavy industry, in its agreement to combine with Anglo American’s nuGen™ zero emission haulage solution to accelerate the transition of mining and other heavy industries to diesel-free futures.

The transaction, which closed in January 2023, values the newly combined business in the order of $1.5 billion and includes a $200 million equity injection from Anglo American.

Read more in the official press release. 

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