Clifford Chance advised on the USD 1.0 billion subordinated hybrid notes issuance by Aldar to Apollo Global Management through a private placement. The net proceeds from the transaction have been injected as equity into Aldar Investment
Tags :Mohammed Al-Shukairy
Clifford Chance advised Aldar in connection with the company’s joint venture with Mubadala, set to create a retail platform valued at approximately AED 10 billion (USD 2.72 billion). The new platform comprises of 260,000 sqm in gross
Deal & transactions
Real Estate, Construction & Infrastructure
Clifford Chance with Multiply Group on PAL Cooling sale
Clifford Chance is advising Multiply Group on the sale of its UAE-based district cooling business, PAL Cooling Holding and its subsidiaries, to a consortium comprising National Central Cooling (Tabreed) and CVC DIF. The operation values
Banking & Finance
Capital Markets
Saudi Arabia
AS&H Clifford Chance Guides STG in DME Stake Acquisition
AS&H Clifford Chance has provided legal counsel for Saudi Tadawul Group (STG), a diversified capital markets group in the MENA region, on its strategic acquisition of a 32.6% stake in the Dubai Mercantile Exchange (
International law firm Clifford Chance has announced the promotion of 32 lawyers to the partnership, effective 1 May 2023. Among the newly elected partners is Middle East construction specialist Inaamul Laher (pictured). Laher leads the firm’
Clifford Chance and AS&H strengthen the banking and finance practice in Saudi Arabia with addition of counsel Ahmed Choudhry (pictured). Choudry joins the Riyadh team from Clifford Chance in Dubai where he has
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Clifford Chance with Aldar Properties on a USD400m investment deal
Apollo Global Management (“Apollo”), through its managed investment vehicles, has acquired an 11.1% minority stake in Aldar Investment Properties, a subsidiary of Aldar Properties and the region’s most prominent institutional-class real estate platform. The USD 400
Deal & transactions
Oil & Gas
United Arab Emirates
TAQA and ADNOC come together to acquire Masdar stake from Mubadala
Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company have entered into binding agreements for TAQA and ADNOC to purchase stakes in Abu Dhabi Future Energy Company (Masdar)
