Hani Nassef_Mohamed Barakat

Baker McKenzie in the acquisition of GlobalCorp for Financial Services 

Baker McKenzie has successfully advised a consortium of financial investors led by Amethis and included SPE AIF I (SPE Capital) and European Bank for Reconstruction and Development (EBRD), on the acquisition of a 95% stake of GlobalCorp for Financial Services.  
The deal marks a key milestone for Amethis and SPE Capital as it aligns with their strategies to invest in Egypt, which is a key market for financial sponsors in North Africa. The transaction also presents the first investment by Amethis in Egypt and the second investment by SPE Capital in Egypt through SPE AIF I. 
Baker McKenzie’s cross-border team advising on this transaction was led by partner Hani Nassef (m&a, Cairo) and Mohamed Barakat (m&a, Cairo) with support from counsel Mostafa El Sakaa (capital markets, Cairo), counsel Mohamed El Far (anti-trust, Cairo), senior associates Sameh Dahroug (m&a, Cairo) and Ingy El Kady (m&a, Cairo), and associates Mohamed Elhossamy (corporate, Cairo), Peryhane Gawish (corporate, Cairo), Hania Negm (anti-trust, Cairo), Ahmed Shehata (banking & finance, Cairo). The Baker McKenzie Amsterdam team was also involved in this transaction.