Mergers and Acquisitions

Mergers and Acquisitions deals and cases:

Shalakany prides itself on being a leader in the field of mergers and acquisitions. Here are a few examples of transactions the firm has recently acted on in different sectors:

• Shalakany acted for GEMS Education and their joint venture with EFG Hermes as Egyptian counsel in their acquisition of 4 schools in Egypt for over EGP 1 billion.
• Shalakany acted for South Atlantic Petroleum Limited as it’s Egyptian counsel in its bid to acquire global and local assets of Merlon International LLC.
• Shalakany advised Dubai Holding as Egyptian counsel on the acquisition of a minority stake in Azadea Group Holding for over USD 1 billion.
• Shalakany acted for United Energy Group Limited as Egyptian legal counsel in their acquisition of the entire share capital of Kuwait Energy PLC for over USD 650 million.
• Shalakany recently acted for VEON in its mandatory tender offer for up to 43% of the shares of Global Telecom Holding for approximately USD 600 million, the largest mandatory tender offer in Egyptian history.
• Shalakany assisted Engie E&P International in the sale of its Egyptian exploration and production business to Neptune Oil & Gas. The overall transaction was for USD 3.9 billion.
• The firm acted as Sealed Air Corporation’s counsel in the sale of its Diversey Care division along with the food, hygiene and cleaning business within its Food Care division to Boston-based private equity firm, Bain Capital Private Equity, with a value of USD 3.2 billion.
• The firm recently acted as a local counsel for a leading private equity firm in undertaking an equity investment in one of the largest FinTech companies in Egypt and the Middle East.
• The firm recently acted on behalf of the buyer in the acquisition of the main shareholders’ stake in a company in the Middle Eastern retail industry.
• Shalakany advised TPG on the potential acquisition of a retail asset in Egypt with a value of over USD 100 million.
• The Firm recently acted for Global Telecom Holding, a member of the VimpelCom group, as the lead transactional counsel in its successful defense from the hostile takeover by Altimo for a value of over USD 3 billion.
• The Firm represented Halayeb for Dairy Products and Juice S.A.E. as seller in the acquisition of 100% of its issued share capital by Danone with a value of EGP 118 million.
• The Firm recently acted for the Mansour Group in the potential sale of Metro supermarkets (the largest chain of supermarkets in Egypt) to Majid Al Futtaim Group.
• The Firm represented Nestlé Switzerland on the acquisition of the business of ice cream of Nestlé Egypt by R&R as part of Nestlé’s global divestiture of its ice cream business with a global value of over EUR 3 billion.
• The Firm recently acted for Financial Holdings International Limited in an asset swap transaction for a large portfolio of operating companies with Qalaa Holdings.
• The Firm recently advised GTH with regard to the sale by GTH of a 51% interest in Orascom Telecom Algérie SpA to the Fonds National d’Investissement, the Algerian National Investment Fund, for a purchase consideration of USD 2.6 billion.
• The Firm recently advised Pamplona Capital Management LLP in the acquisition of RWE’s Egyptian Oil & Gas assets for a value of EUR 6 billion.
• The Firm acted for Zhenhua Oil in its acquisition of Vegas Oil for a value of over USD 700 million.
• The firm acted for Japan Tobacco International in the acquisition of the Nakhla Group companies, one of the world’s leading manufacturers of water pipe tobacco, with a value of USD 250 million.