Draslovka Holding A.S. entered into a definitive agreement to acquire Mining Solutions Business from The Chemours Company (NYSE:CC) for $520 million on July 26, 2021. The purchase price is subject to customary cash, debt and working capital adjustments. Draslovka has obtained $185 million of equity financing, and debt financing commitments from JPMorgan Chase Bank, N.A. in an aggregate principal amount of up to $335 million of term loans and up to $30 million of revolving loan commitments. The transaction is subject to regulatory approvals, expiration or early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended and other customary closing conditions. The board of directors of Chemours Company unanimously approved the transaction. The transaction is expected to close in the fourth quarter of 2021. Gordon Dyal & Co. Advisory Group LP acted as financial advisor and Matthew M. Guest and Avi A. Sutton Wachtell, Lipton, Rosen & Katz LLP acted as legal advisors to Chemours Company. JPMorgan Chase & Co. (NYSE:JPM) and PricewaterhouseCoopers acted as financial advisors, and Petr Zakoucky, Ilan Katz, Adrian Stewart, Rob Irving of Luis Torres, Todd Silliman, Erin Bass,?Joel Bock,?Timothy Santoli,?Robert Barbarowicz,?Nicholas Williams, Michael Zolandz,?Nikki Fanous,?Andrew Dalin?,?Sarah Syed, Andrew Bates,Jir? Tomola, Jorge Jim?nez?,?Ignacio Pera,?Karlfranz Koehler, Santiago Ried, Alex Farcas?and?Adam Goodman of Dentons US LLP acted as legal advisors to Draslovka. PricewaterhouseCoopers acted as an accountant to Draslovka. Draslovka Holding A.S. completed the acquisition of Mining Solutions Business from The Chemours Company (NYSE:CC) for approximately $520 million on December 1, 2021.