Tags : White & Case

Food & Beverage IPOs Saudi Arabia

Alamar Foods completes its SAR1.22B public offering and listing

Alamar Foods, a Saudi based Quick Service Restaurant operator in the Middle East, North Africa and Pakistan, has completed its SAR1.22 billion (approximately USD326 million) initial public offering (IPO) and listing of ordinary shares on the Saudi Exchange’s Main Market.  With HSBC Saudi Arabia acting as Lead Manager, Financial Advisor, Bookrunner and Underwriter, the IPO involved […]

Deal & transactions Transport United Arab Emirates

Zakher Marine International successfully acquired by ADNOC L&S

Zakher Marine International (“ZMI”), an Abu Dhabi-based owner and operator of offshore support vessels, has been acquired by ADNOC Logistics & Services (“ADNOC L&S”), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC), a diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi. The deal of an […]

Banking & Finance Energy & Trading Other

Asafo & Co. advises Norfund in its investment in CrossBoundary

Norfund and KLP, Norway’s largest pension company, will together invest USD 40 million in equity in CrossBoundary Energy (CBE), a developer, owner, and operator of commercial and industrial renewable energy systems in Africa. The investment will be made through the joint company KLP Norfund Investments.  The investment will allow CrossBoundary Energy to further scale its […]

Banking & Finance Capital Markets Other

PKO Bank Hipoteczny issues EUR500m mortgage covered bonds  

PKO Bank Hipoteczny launched a subscription for institutional investors for another issue of mortgage covered bonds with a value of EUR 500 million and maturity on June 25, 2025. This issue was the first issue of the bank’s green covered bonds denominated in euro.   The proceeds from the issue are intended to finance and refinance residential […]

Deal & transactions Real Estate, Construction & Infrastructure Saudi Arabia

Al Mutlaq Group signs a USD400m joint venture agreement with

The Red Sea Development Company Announces First Joint Venture Agreement with Al Mutlaq Group for Red Sea Project  Almutlaq Real Estate Investment Co. (“AREIC”), a subsidiary of the Al Mutlaq Group (“AMG”), has entered into a joint venture agreement worth SR1.5 billion (USD400 million) with The Red Sea Development Company (“TRSDC”), a closed joint-stock company […]

Banking & Finance TMT United Arab Emirates

White & Case Advises TruKKer on Series B Equity and

TruKKer, a Saudi-headquartered digital freight network, has successfully completed its Series B equity and debt funding round. The investors in the fundraising included ADQ, Abu Dhabi Developmental Holding Company and Riyadh-based venture capital fund STV, with participation from Mubadala Capital Ventures. Existing investors Riyad Taqnia Fund, backed by Public Investment Fund, and Shorooq Partners also […]