Kirkland & Ellis with Jahez on agreement to acquire Snoonu
Kirkland & Ellis is advising Jahez International Company for Information System Technology (Jahez) in connection with the signing of a Share Purchase and Subscription Agreement (SPSA) , pursuant to which Jahez will acquire 76.56% of the share capital of Snoonu, a Qatar-based technology and on-demand delivery company.
The transaction values Snoonu at QAR 1.165 billion – for an equivalent of USD 320 million.
The Kirkland & Ellis team
The Kirkland & Ellis team working on the matter featured corporate lawyers Noor Al-Fawzan (pictured), Noura Abdulrahman and Fahad Alarifi.