Clyde & Co advised Zurich Insurance Group on its acquisition of American International Group’s (AIG) global personal travel insurance and assistance business, including Travel Guard. The business will operate as Zurich Cover-Moreand relocate its headquarters to the US. Roshanak Bassiri Gharb comments: “This transaction was unique and complex, involving over 40 jurisdictions and requiring adherence to […]
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Aldar acquires AED 2.3b RE property: the advisors
Baker McKenzie assisted Aldar, an Abu Dhabi-based real estate developer, in the acquisition of an AED 2.3 billion commercial office and retail tower from H&H Development. The tower is in the Dubai International Financial
Simmons & Simmons advised Harbin Electric International (HEI), one of China’s largest power engineering groups, on the negotiation of turnkey EPC contracts for the Rumah II and Nairyah II greenfield combined cycle gas-fired power
Senior in-house counsel for Qatar Investment Authority (QIA) Michael Schweppe (pictured) has advised his company on non-swiss law aspects of its acquisition of a minority stake in Sauber, a Formula 1 team owned by Audi. NKF,
White & Case has advised the unitranche and revolving lenders of the software investment firm Thoma Bravo on its acquisition of a majority stake in USU Product Business, an IT management solutions provider. White &
Dreny & Partners (D&P) advised Tamweel Mortgage securitization transaction for their mortgage finance portfolio amounting to EGP 1,7 billion, which comes as part of a wider 3-year multi-issuance program with a total value of
Shalakany acted as local counsel alongside lead counsel Slaughter and May for Anglogold Ashanti in its acquisition of Centamin which closed on 22 November 2024. Centamin is an established gold producer, whose flagship tier 1 asset is the
Adsero advised Ezdehar Management (Ezdehar), an Egypt-based private equity firm, on the full acquisition of the food retailer Zahran Market, advised by Matouk Bassiouny after purchasing the remaining 40% stake. This deal marks
Deal & transactions
Real Estate, Construction & Infrastructure
Squire Patton Boggs with Taaleem on acquisiton
Squire Patton Boggs advises Taaleem Holdings on the acquisition of Lycée Libanais Francophone Privé Meydan School (LLFP Meydan) in Dubai. Taaleem is one of the largest K-12 premium education providers in the UAE. LLFP
Deal & transactions
Real Estate, Construction & Infrastructure
MBH on syndicated EGP 4.35 billion loan to developer
Matouk Bassiouny & Hennawy (MBH) acted as legal counsel to a syndication of banks in connection to an EGP 4,35 billion syndicated loan. The institutions involved include First Abu Dhabi Bank Misr, Emirates NBD Egypt, Abu
