Meysan Partners, one of the region’s leading law firms, announced today it has acted as legal advisor to the winning consortium (“Consortium”) in relation to the privatization of Boursa Kuwait.
The Consortium included National Investment Company, First International Company, Arzan Financial Group for Financing and Investment and Athens Stock Exchange SA Holding (the qualified international operator). The Consortium will acquire a 44% equity stake in Boursa Kuwait. The Consortium offered 237 Kuwaiti Fils per share in exchange for the 44% equity stake purchase. 50% of Boursa Kuwait’s equity will be sold to the public through an IPO, and the remaining 6% will continue to be owned by the Public Institution for Social Security (PIFSS).
Michel G. Ghanem, Counsel at Meysan Partners commented: “It was a pleasure working alongside the Consortium members and contributing to the development, growth and success of an esteemed Kuwaiti Institution like the Boursa. The success of our work with the Consortium highlights Meysan’s capabilities in the privatization sector and is a further testimony of our firm’s credentials and our ability to advise on high profile transactions“.
The Meysan team was led by counsel Michel G. Ghanem, with assistance from associate Dr. Abdulwahab Sadeq
ABDULLA AL NAJJAR ADVOCATES AND LEGAL CONSULTANTS JOINS MEYSAN PARTNERS
We are excited to announce that Abdulla Al Najjar Advocates and Legal Consultants, a Dubai-based highly regarded and reputable law firm,..... Read More
MEYSAN PARTNERS ADVISES AL BAYAN MEDICAL COMPANY ON THE ACQUISITION OF A MAJORITY STAKE IN SKY DENTAL
Meysan Partners advised Al Bayan Medical Company K.S.C.C. (“Bayan Dental”) (Closed) in connection with its acquisition of a majority stake in Sky,..... Read More
MEYSAN PARTNERS ADVISES ON AGILITY’S ACQUISITION OF MENZIES AVIATION
We are pleased to announce that Meysan Partners represented Agility, the sole shareholder of National Aviation Services (“NAS”), on the acquisition of UK-based John Menzies PLC,,..... Read More
MEYSAN WINS IFLR MIDDLE EAST AWARDS
International Financial Law Review (IFLR) bestowed dual honors on law firm Meysan Partners at its annual IFLR Middle East Awards for 2022, presented in Dubai on October 12.,,..... Read More
For press or media related enquiries, please contact:
Meysan Partners regularly produces e-updates on legal developments which might impact your organisation. For more information or to subscribe, please email firstname.lastname@example.org.
Enter your details and set your subscription references: