A market-leading M&A practice in the MENA region

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1 A market-leading M&A practice in the MENA region

2 2 A market-leading M&A practice in the MENA region Allen & Overy s MENA M&A team is seen as a market leader by peers and independent commentators alike. We have received extensive recognition of our market-leading position through being ranked in the top tier by each of the leading independent guides to the legal profession. Advising on high profile, innovative and often market first transactions has lead to our MENA M&A team being ranked top of the M&A league tables for volume in 2014 (Thomson Reuters). In fact, no firm can match our strength across the region through our presence in six key centres from which we serve all key markets in the region, including Egypt and Kuwait. ALLEN & OVERY MIDDLE EAST AND NORTH AFRICA 30 partners and over 120 lawyers 37 years, on-theground experience Native Arabic, French and Turkish speakers 15 Corporate partners and 65 Corporate fee earners Global reach, local depth In-depth regional sector expertise offices in Dubai, Abu Dhabi, Doha, Riyadh, Casablanca & Istanbul Market leading position OUR GLOBAL FOOTPRINT 45 Offices 32 Countries 900 M&A lawyers 527 Partners 4,949 People Allen & Overy LLP 2015

3 3 External recognition and accolades Awards International Firm of the Year IFLR Middle East Awards 2013 and 2014 Legal Adviser of the Year MENA Financial Times and Mergermarket European M&A Awards 2013 Standout: Most Innovative Firms in Corporate Law FT Innovative Lawyers Awards 2013 Corporate Team of the Year The Lawyer Awards 2012 M&A Deal of the Year IFLR Middle East Awards 2012 and 2013 M&A Team of the Year IFLR Middle East Awards 2011, 2012 and 2013 International Law Firm of the Year Middle East Corporate Counsel Awards 2013 Legal Firm of the Year Middle East Chambers Global Awards 2012 Legal directory rankings Chambers Global Middle East 2015 Chambers Global UAE 2015 Chambers Global Saudi Arabia 2015 Corporate/Commercial Band 1 Chambers Global Qatar 2015 Corporate/Commercial Band 1 IFLR1000 Saudi Arabia 2015 M&A Tier 1 IFLR1000 UAE 2015 M&A Tier 1 Legal 500 Morocco 2015 Legal 500 UAE 2015 Legal 500 Qatar 2015 Foreign Firms Band 1 Legal 500 Saudi Arabia 2015 Legal 500 Tunisia 2015 Foreign Firms Band 1 Legal 500 Algeria 2015 Foreign Firms Band 2 League tables 1st in MENA by volume of deals Thomson Reuters st in MENA by volume and value of deals Thomson Reuters st in MENA by volume and 2nd by value of deals Thomson Reuters 2012

4 4 A market-leading M&A practice in the MENA region 5 Deal Highlights Iraq Turkey Lebanon Jordan Saham Finances acquisition of LIA Insurance SAL Paltel s USD3bn merger with Zain Jordan Morocco Magrabi Optical Company Ltd s acquisition of a controlling stake in the Turkish optical retailer, Şişli Optik Ticaret A.Ş. Indorama Ventures Public Company s acquisition of 51% of the shares of SASA from Hacı Ömer Sabanci Holding Allianz SE s competitive USD833m acquisition of 93.94% of shares of Yapı Kredi Sigorta SNI s USD500m disposal of stake in Cosumar TAQA s acquisition of Jorf Lasfar Energy Company and its wholly owned subsidiary Yapı Kredi Emeklilik ICBC s proposed acquisition of 75.5% of the issued share capital of Tekstil Bankası from GSD Holding Khazanah s USD252m acquisition of a 90% stake in Acıbadem Sağlık ve Hayat Sigorta TAQA s acquisition of a power plant in Sulaymaniah, Iraq Kuwait The Kharafi-led consortium s proposed USD12bn sale of Zain to Etisalat Saudi Arabia Ooredoo s bid for the acquisition of Maroc Telecom from Vivendi Shoaibi s disposal of its oil and gas assets Jadwa Investments acquisition of Global Environmental Management Services (GEMS) Colina Participations acquisition of GA Angola Seguros News Corporation s investments in Rotana Group The Kingdom of Morocco s USD2bn joint venture with Qatar Holding LLC Sipchem s proposed USD5bn merger with Sahara Petrochemicals Company Rexam s acquisition of United Arab Can Manufacturing Algeria Levant Capital s USD100m acquisition of Al-Raya For Foodstuff Company Qatar Steel s joint venture with Sider and the National Investment Fund Investcorp s acquisition Al Yusr Industrial Contracting Company ACWA s USD100m investment by IFC Egypt OCI N.V s spin-off of Orascom Construction Limited and subsequent dual-listing of Orascom Construction Limited on NASDAQ Dubai and the Egyptian Stock Exchange Qatar Hassad Food Company s acquisition of Bush Food Overseas Private Limited OCI NV s USD9bn takeover of Orascom Construction Industries SAE and simultaneous listing on Euronext Amsterdam Qatar Islamic Bank s QAR660m acquisition of the corporate Islamic banking business of the International Bank of Qatar Societe Generale s USD2bn sale of its Egyptian arm to Qatar National Bank Petroserv Group s QAR70m acquisition of Bothar Boring Tunnelling Limited BNP Paribas sale of its Egyptian assets to Emirates NBD UAE Abraaj Capital s proposed acquisition of a stake in Cairo Investment and Real Estate Development Abdul Latif Jameel s acquisition of Fotowatio Renewable Ventures, a leading global developer of solar power plants ENOC s GBP1.2bn acquisition of Dragon Oil Aabar Investments acquisition of approximately USD1bn worth of shares in Arabtec Samena Capital s acquisition of 30.58% of the share capital of RAK Ceramics Oman Aldar Properties USD4.5bn merger with Sorouh Real Estate AES Corporation and IDB Infrastructure Fund s sale of their stake in the Barka IWPP National Bank of Dubai s merger with Emirates Bank International Varkey Group s sale of a minority interest in GEMS MENASA to a consortium comprising Fajr Capital, Blackstone and Mumtalakat dnata s sale of its mercator business division to Warburg Pincus Dubai Investments sale of a 66% stake in Globalpharma to Sanofi and a third party Havenvest Private Equity s sale of Byrne Group Mubadala s USD161m sale of the entire issued share capital of Eships to Egon Oldendorff Citadel Capital s USD1.4bn sale of Egyptian Fertilizers Company Bahrain TAQA s acquisition of a stake in the Al Dur IPP Dubai Financial Group s acquisition of TAIB Bank Allen & Overy LLP 2015 IFC on a USD195m equity investment in Bank Muscat NASDAQ s acquisition of DIFX

5 6 A market-leading M&A practice in the MENA region Key M&A contacts ABU DHABI RIYADH Ibrahim Mubaydeen Managing Partner, Abu Dhabi Tel [email protected] Khalid Garousha Partner, Abu Dhabi Tel [email protected] Nick Stuart Partner, Abu Dhabi Tel [email protected] Zeyad Khoshaim Partner, Riyadh Tel [email protected] Dr Johannes Bruski Partner, Riyadh Tel [email protected] DUBAI Simon Roderick Managing Partner, Middle East Tel [email protected] Andrew Schoorlemmer Tel [email protected] Duncan Macnab Tel [email protected] Judith Kim Tel [email protected] David Foster Tel [email protected] DOHA CASABLANCA James Coleman Counsel, Doha Tel [email protected] Hicham Naciri Managing Partner, Casablanca Tel [email protected] Yassir Ghorbal Partner, Casablanca Tel [email protected] ISTANBUL Hakkı Gedik Partner, Istanbul Tel [email protected] Gökhan Eraksoy Partner, Istanbul Tel [email protected] Charles Lindsay Partner, Istanbul Tel [email protected] Allen & Overy LLP 2015

6 7 A&O is among the best in the M&A space Chambers Global 2014 (Corporate/Commercial) Incredible turnaround and proactivity. They are right up to date on everything. Chambers Global 2014 (UAE, Corporate/M&A) They are sensible and efficient, and give you intelligent advice. Chambers Global 2014 (Corporate/Commercial) This international heavyweight is recognised for its outstanding cross-border work, in addition to its deep understanding of local law and culture. Chambers Global 2012 (UAE, Corporate/Commercial) Allen & Overy LLP has an exceptional reputation and a regional footprint that few other firms can match. Legal (Corporate/M&A)

7 GLOBAL PRESENCE Allen & Overy is an international legal practice with approximately 5,000 people, including some 527 partners, working in 45 offices worldwide. Allen & Overy LLP or an affiliated undertaking has an office in each of: Abu Dhabi Amsterdam Bucharest (associated office) Budapest Ho Chi Minh City Hong Kong Moscow Munich Seoul Shanghai Antwerp Casablanca Istanbul New York Singapore Bangkok Barcelona Doha Dubai Jakarta (associated office) Johannesburg Paris Perth Sydney Tokyo Beijing Düsseldorf London Prague Toronto Belfast Bratislava Frankfurt Hamburg Luxembourg Madrid Riyadh (associated office) Rome Warsaw Washington, D.C. Brussels Hanoi Milan São Paulo Yangon Allen & Overy means Allen & Overy LLP and/or its affiliated undertakings. The term partner is used to refer to a member of Allen & Overy LLP or an employee or consultant with equivalent standing and qualifications or an individual with equivalent status in one of Allen & Overy LLP s affiliated undertakings. Allen & Overy LLP 2015 I CA

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