São Paulo, December 3, 2008—Shearman & Sterling represented Votorantim Novos Negócios Ltda. in the US$290 million sale of its subsidiary, Aly Participações Ltda., to Monsanto Company. Aly Participações operates CanaVialils, the world’s largest private sugarcane breeding company, and Alellyx S.A., an applied genomics company focused on sugarcane. Both companies are based in Brazil.

Advising Votorantim Novos Negócios were partners George Karafotias (London-M&A), Larry Bambino (New York-Tax), Beau Buffier (New York-Antitrust), Steve Molo (New York-Litigation) and Alan Goudiss (New York-Litigation), counsel Jake Pratt (New York-Environmental) and associates Sky Frautschi (New York-Capital Markets), Sean Skiffington (London-M&A), Ethan Harris (Washington DC-Tax), Shihani Soysa (New York-Capital Markets), Kenneth Hemler (New York-Executive Compensation & Employee Benefits) and Jonathan Kellner (São Paulo-Capital Markets) and international associate Felipe Camara (New York-Capital Markets).