MBH with National Paints Holdings on its MTO on Pachin’s Shares

Matouk Bassiouny & Hennawy (“MBH”) acted as the legal counsel to National Paints Holdings (“NPH”) in connection with its mandatory tender offer (“MTO”) which resulted in NPH’s acquisition of approximately 81% of the total issued share capital of Paints and Chemical Industries – Pachin valued at EGP 770,456,877.  

The team advising on the matter was led by Omar S. Bassiouny (founding partner and group head of corporate and m&a, pictured) and Mohamed Abd El Fattah (partner and head of capital markets, pictured). The team also included Mohamed Galal (counsel), Omar Al Fadaly (associate), Maram Mohamed (junior associate) and Ali Abu Zeid (junior associate). 

Shalakany acted as legal advisors while Al Ahly Pharos acted as financial advisors for Pachin’s majority shareholder, the Holding Company for Chemical Industries (CIHC). Shalakany capital markets team was led by partner Omar Sherif who worked alongside Omneya Anas and Rokaya Ghoneim.