Matouk Bassiouny & Hennawy (MBH) provided legal counsel to AlArafa for Investments and Consultancies (Al-Arafa) in its demerger, resulting in the formation of Concrete Fashion Group for Commercial and Industrial Investment (Concrete Fashion Group) and GTEX for Commercial and Industrial Investments (GTEX). The demerger enables each entity to pursue distinct growth strategies, enhancing focus on […]
Capital Markets
Fashion, Luxury & Design
United Arab Emirates
ADNH Strengthens Portfolio with Compass Group Deal
Abu Dhabi National Hotels (ADNH) is making significant strides in bolstering its business portfolio with the acquisition of Compass Group International B.V.’s 50% stake in their joint venture entities operating in the UAE, as
Deal & transactions
Fashion, Luxury & Design
Food & Beverage
United Arab Emirates
Clyde & Co Guides ADMO’s Alpha Mind Launch
Global law firm, Clyde & Co has provided legal counsel to ADMO Lifestyle Holding Limited (ADMO) in their joint venture (JV) with Addmind, introducing the innovative global lifestyle vertical, Alpha Mind. This collaboration underscores ADMO’
Capital Markets
Fashion, Luxury & Design
United Arab Emirates
King & Spalding: Aydın Group sells Major Stake to DIB
King & Spalding provided legal guidance to Aydın Group in the sale of a 20% minority stake in the T.O.M. Group to Dubai Islamic Bank (DIB). This transaction includes an option for DIB
Deal & transactions
Fashion, Luxury & Design
Saudi Arabia
Clyde & Co: Cenomi Retail sells franchise rights for SAR
Global law firm Clyde & Co has provided legal counsel to Cenomi Retail, a leading Saudi-listed company, in the SAR 120 million transaction involving the sale of its franchise rights and associated assets for 18 prominent brands
Deal & transactions
Egypt
Fashion, Luxury & Design
MBH with Toma Company on Securing Majority Stake in Dice
Matouk Bassiouny & Hennawy (MBH) acted as legal counsel to Touma Company for Commercial and Industrial Investments (Toma Company) in alliance with Majid Samir Touma. This collaboration successfully executed a mandatory tender offer (MTO) for 90%
Deal & transactions
Fashion, Luxury & Design
Saudi Arabia
GLA & Company facilitates Gissah stake sale to Jadwa Investment
GLA & Company acted as the exclusive legal counsel for Sellers Bait Al Aseel and Mr. Bashar Al Ameer in the recent sale of a 35% stake in Gissah Perfumes Company. This transaction comes ahead of
Deal & transactions
Fashion, Luxury & Design
Other
ASAR: Jadwa acquires 35% Stake in Gissah for Perfumes
In a significant move in the business landscape, ASAR acted as Kuwait law counsel to Jadwa and its subsidiary Entertainment Opportunities Investment Company as it completed the acquisition of a substantial 35% stake in Gissah for
Capital Markets
Fashion, Luxury & Design
Other
DLA Piper and ADNA advise on Planet Sport’s Share Issuance
DLA Piper has provided legal counsel to Planet Sport, a prominent distributor of international sporting goods brands in Morocco, regarding the issuance of new shares through a capital increase. This capital increase was specifically reserved
Deal & transactions
Fashion, Luxury & Design
United Arab Emirates
Latham & Watkins advises Chimera on the creation of ChimHaeres
Latham & Watkins has advised Chimera Abu Dhabi (Chimera) on its equal joint venture with Haeres Capital (Haeres) to create ChimHaeres Investment Holding (ChimHaeres), an investment vehicle that will deploy its capital towards the acquisition
