Global law firm Baker McKenzie has acted as legal counsel to Saudi Pharmaceutical Industries & Medical Appliances Corporation (SPIMACO) in its acquisition of a significant 68.0% stake in Swiss pharmaceutical firm Osmopharm. This landmark deal, announced by SPIMACO on November 13, 2023, involves a strategic share swap and cash considerations for the divestment of 76.4% […]
Banking & Finance
Deal & transactions
Saudi Arabia
GLA & Co secures Dual Clearance for Apollo’s Global Transaction
Regional law firm GLA & Company (“GLA & Co“)has achieved a exceptional milestone by obtaining merger control clearance from both the Kuwait Competition Protection Agency (CPA) and the KSA General Authority for Competition (GAC)
Matouk Bassiouny & Hennawy (MBH) provided legal services to Khazna Data Center Holdings Limited (Khazna) on its Joint Venture Agreement (JVA) with Fiber Misr for Telecommunications and Information Technology (Benya), marking a significant step towards
Deal & transactions
Egypt
Food & Beverage
Uncategorized
Mitsui and Wadi Join Forces for Sustainable Agribusiness in Egypt
In a strategic move to tap into Egypt’s booming economy and growing population, Japanese conglomerate Mitsui & Co. has announced a significant investment in Wadi Poultry (“Wadi”) and its related subsidiaries. The investment, facilitated
In a significant move towards fostering responsible copper production practices, Coficab, a prominent provider of automotive wires and cables and a major global consumer of copper, has officially joined The Copper Mark Partner programme. The
Deal & transactions
Healthcare, Pharma & Life Sciences
Other
Asafo & Co. Facilitates Laprophan’s Acquisition of Amanys Pharma
In a significant move within Morocco’s pharmaceutical sector, Laprophan, a prominent pharmaceuticals group, has sought legal counsel from Asafo & Co. for its acquisition of Amanys Pharma from SPE Capital and Proparco. The strategic
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Baker McKenzie on Nuran Marina’s AED 133 mil Acquisition
Global legal powerhouse Baker McKenzie has successfully advised FIM Prime Marina Holding Ltd on the Sharia-compliant financing for its acquisition of the prestigious Nuran Marina serviced residences in Dubai Marina. The transaction, valued at AED 133
Deal & transactions
Transport
United Arab Emirates
Emirates and Safran Seal Major $1.2B Aircraft Enhancement Deal
Under the legal guidance of Rick Ward, Group General Counsel (pictured), Emirates, one of the world’s largest international airline, has entered into contracts with Safran valued at over $1.2 billion. The major deal includes a $1
Global law firm HFW acted as legal counsel on the launch of the shipping industry’s inaugural sustainable fund. The fund, known as Low Emission Methanol Shipping Company (LEMSCO), was initiated by maritime investment advisor
Corporate
Deal & transactions
Saudi Arabia
Services
United Arab Emirates
Beeah Group Launch Joint Venture for Waste Solutions in Medina
Guided by Group Chief Legal Officer Shaun Johnson (pictured), Beeah Group, a trailblazer in sustainability and digitalization, has established a joint venture with the Saudi Investment Recycling Company (SIRC), a wholly owned subsidiary of the
