Amro Bakhaidar_Yoshiyuki Asaoka

Linklaters Advises TMNF on Arabian Shield Stake Sale 

Linklaters provided legal counsel to Tokio Marine & Nichido Fire Insurance Co. (TMNF) in its sale of a 5.75% stake in Arabian Shield Insurance Company, a publicly listed Saudi Arabian firm, to Alinma Bank. 

This transaction marks a significant step for Tokio Marine Holdings in achieving its strategic goals of optimizing capital efficiency and broadening risk diversification. 

The Linklaters team was led by corporate partners Amro Bakhaidar (Riyadh, pictured left) and Yoshiyuki Asaoka (Tokyo, pictured right), and supported by managing associate Mohammad Almania