International law firm Eversheds Sutherland has successfully advised its longstanding client, Foursan Group, on its recent acquisition of a minority stake (21%) in Mena Solutions Limited (Mena Solutions). Foursan Group, a specialized private equity firm, focuses
Global law firm Baker McKenzie has recently made significant advancements in its leadership team, promoting 89 colleagues to partner positions and adding 42 new lateral partners to its roster. The promotions are effective from July 1, 2023, except for
Heather McDevitt, a highly accomplished litigator based in New York, has been elected as the next Chair of global law firm White & Case, assuming her position on September 1, 2023. White & Case Chair Hugh Verrier
Capital Markets
Fashion, Luxury & Design
Other
DLA Piper and ADNA advise on Planet Sport’s Share Issuance
DLA Piper has provided legal counsel to Planet Sport, a prominent distributor of international sporting goods brands in Morocco, regarding the issuance of new shares through a capital increase. This capital increase was specifically reserved
The Young International Arbitration Group (‘YIAG’), an association supported by the London Court of International Arbitration (‘LCIA’) and dedicated to practitioners, students, and young members of the arbitration community, has recently announced the appointment of
DLA Piper has provided legal counsel to the historic family group controlling Timar, a publicly listed company on the Casablanca stock exchange, in the sale of its controlling stake to Clasquin, a multinational group listed
Deal & transactions
Food & Beverage
Other
Akin: Mubadala Capital’s Thrive Foods Acquires Groneweg Group
Akin has provided legal counsel to Mubadala Capital and its portfolio company, Thrive Foods, a freeze-dried products manufacturer, in their acquisition agreement with global supplier of freeze and air-dried ingredients, Groneweg Group, also known as
ADNA, a prominent legal firm, provided advisory services to Pertamina, the Indonesian state oil company, in their recent collaboration with Sonatrach Group and Repsol in Algeria. The collaboration involved the signing of a production-sharing contract
Deal & transactions
Energy & Trading
Other
Eni and Vår Energi to acquire Neptune Energy Group for $4.9B
Eni International (“Eni”) along with Vår Energi (“Vår”) have reached an agreement to acquire Neptune Energy Group Limited (“Neptune”) for an aggregate enterprise value (subject to customary adjustments) of $4.9 billion. Founded in 2015 in
Asafo & Co., through its Casablanca and Abidjan offices, has provided advisory services to the Côte d’Ivoire government in the creation of a strategic long-term investment vehicle known as Facilité d’Investissement à Long
