Global law firm Allen & Overy has provided legal counsel to e& enterprise on its recent acquisition of a majority stake in Beehive Group, a prominent peer-to-peer (P2P) lending platform. This strategic move by e& enterprise, pending customary regulatory approvals, aims to expand and enrich its core value proposition within various digital adjacent verticals. Beehive […]
Deal & transactions
Other
Real Estate, Construction & Infrastructure
Sika strengthens market position with acquisition of MBCC Group
Global construction materials company Sika has successfully completed its acquisition of MBCC Group, following receipt of all necessary regulatory approvals. The acquisition is expected to strengthen Sika’s position in the global construction market,
Deal & transactions
Transport
United Arab Emirates
Emirates and Etihad partnership aim to drive UAE tourism growth
Emirates Airline and Etihad Airways have entered an interline expansion agreement that will offer travellers additional itinerary options when visiting the UAE. This first-of-its-kind agreement between the two UAE carriers aims to boost tourism to
Global law firm, White & Case has provided legal counsel to A.P. Moller Capital on its joint venture with Hassam Allam Utilities to establish an integrated logistics platform. The new platform will provide a
Dubai-based National Paints Holding (NPH) has acquired over 80% of Pachin for around EGP 770.5 million (around USD25m) in its mandatory tender offer that was executed yesterday. Shalakany acted as legal advisors
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
DLA Piper advises AD Ports on KEZAD – EAJ merger
Global law firm DLA Piper has advised AD Ports Group on the merger of KEZAD Communities with Al Eskan Al Jamae Group (EAJ), leading to the creation of the largest integrated staff accommodation firm in
Banking & Finance
Healthcare, Pharma & Life Sciences
Other
Clifford Chance on €45M financing of GZT Healthcare Investment
International law firm Clifford Chance advised Invest International with the EUR 45 million financing of GZT Healthcare Investment, a subsidiary of Rönesans Holding, in connection with the Gaziantep City Hospital, a public private partnership in
Deal & transactions
Healthcare, Pharma & Life Sciences
United Arab Emirates
Clifford Chance advises M42 on its acquisition of Diaverum
International law firm Clifford Chance is advising M42, an Abu Dhabi-based tech-enabled healthcare company in connection with is acquisition of the entire share capital of Diaverum from Bridgepoint Group. A transaction that will see M42
Deal & transactions
Transport
United Arab Emirates
Etihad Cargo expands reach China through SF Airlines partnership
Etihad Cargo, the cargo and logistics division of Etihad Airways, has signed a new Memorandum of Understanding (MoU) with SF Airlines, the largest cargo airline in China, to expand its reach and connectivity in the
Deal & transactions
TMT
United Arab Emirates
Stephenson Harwood: Physicswallah acquires Knowledge Planet
Law firm Stephenson Harwood has advised e-learning provider, Physicswallah, on its acquisition of Knowledge Planet Centre Group, Dubai (Knowledge Planet), operators of after-school learning centres. Knowledge Planet entrance exam preparation institutions caters to students of
