Mergers & Acquisitions

Mergers & Acquisitions

The Office provides the full range of mergers and acquisitions legal services representing both purchasers and sellers. Our M&As team has extensive experience in conducting legal Due Diligence reports, preparing, reviewing and drafting of letter of intents, memorandum of understandings, share purchase agreements, shareholders agreements, joint venture agreements and escrow agreements. In general, corporate acquisitions can be characterized for legal purposes as either “asset purchases” in which the seller sells business assets to the buyer, or “equity purchases” in which the buyer purchases equity interests in a target company from one or more selling shareholders. In either category we review the basic structure and the documentation involved in each case and the relevant stages we can provide advice and representation on are the pre-contract stage, contract stage, pre-completion stage, completion and post completion stage by following up the procedural matters where a stock exchange broker is required. We also review the various express and implied terms of each deal as well as identify the potential liabilities of our client and exert our best endeavors to minimize those liabilities through the negotiation of the disclosures and warranties in each transaction. The Office has handled significant number of acquisitions on behalf of purchasers and sellers including but not limited to:

  • Representing purchasers in the purchase of 20% of the issued capital of the Power Generation Engineering and Services Company SAE (PGESCO).
  • Representing sellers in the sale of 49% of the issued capital of Raco for Investment (KONE Corporation).
  • Representing purchasers in acquiring 51% of the issued capital of AVIS Egypt.
  • Representing Vicking River Cruises in acquiring 100% of the issued capital of Extension Nile Cruises Egypt.
  • Representing sellers in selling 51% of Rowad Modern Engineering Company Algeria to ALLAM SONS.
  • Representing Saudi Consulting Services in its Joint Venture with Engineering for Petroleum and Process Industries (ENPPI).
  • Representing SAS Egypt in the sale of 100% of its shares in each of Azasha LLC, Azadea LLC, Azdeg LLC, EG Moda LLC and La Senza.
  • Representing the Industrial Construction and Engineering Company (SIAC) in its joint venture with Al Futtaim For Real Estate Development Company for the development of an area in the 669 (six hundred and sixty nine)  Fadden owned by Al Futtaim located in New Cairo.
  • Representing the Education Capital or EdCap (Kingdom of Bahrain) in the purchase of 51% of the issued capital of the The Egyptian Child Care Corporation.
  • Representing Travco Properties in the purchase of 51% of the issued capital of Estabena for Real Estate Marketing.
  • Representing Group Four Security in its proposed acquisition of 100% of the issued capital of Super Service For Security & Cash-in Transit.
  • Representing the shareholders of Kapci for Real Estate Development in the sale of 100% of the issued of the company to Palm Hills Development.
  • Representing purchasers in the purchase of 56% of the issued capital of Pharoes Telecom Networks from Orascom Telecom Holding.
  • Representing Sellers in the sale of 100% of the shares of  Pricewaterhousecoopers Egypt Holdc (Guernsey).
  • Representing Sellers in the sale of 100% of the shares of Avis Car Rental Egypt to Budget Egypt.