Tarek Yehya
Tarek Yehya
Partner
Hassan Elsayed
Hassan Elsayed
Senior Associate
Samar Jrade
Samar Jrade
Senior Associate

Meysan is delighted to announce its role as the sole legal advisor to Universe Group United Holding Company KSCC in the pivotal divestiture of its majority share in Universe Education Company KSCC. Universe Education Company KSCC is the prestigious owner and operator of Dasman Bilingual School, a leading educational institution in Kuwait. This significant transaction involves the transfer of ownership to Cognita, a globally recognized group of international private schools.

Meysan undertook an extensive range of duties in this transaction, encompassing the structuring of the deal, along with the drafting and negotiation of all transaction documents. The firm was instrumental in ensuring that Universe Group met all necessary conditions precedent and took the required steps before the completion of the deal, leading to the successful finalization of the transaction.

In navigating the complex regulatory landscape, Meysan, together with Cognita’s counsel, facilitated the required approvals from relevant authorities, including the Competition Protection Agency (CPA). This process ensured compliance with all regulatory requirements, paving the way for the seamless progression of the transaction. The closing of the transaction marked the successful transition of ownership from Universe Group to Cognita, leading to a smooth and efficient closing process.

The Meysan team was led by partner Tarek Yehya with support from counsel Lama Abou Ali, senior associate Hassan Elsayed, and senior associate Samar Jrade.

MEYSAN ADVISES BEYOUT INVESTMENT GROUP HOLDING ON SUCCESSFUL OFFERING AND LISTING ON KUWAIT STOCK EXCHANGE
MEYSAN ADVISES BEYOUT INVESTMENT GROUP HOLDING ON SUCCESSFUL OFFERING AND LISTING ON KUWAIT STOCK EXCHANGE

Kuwait June 11, 2024 - Meysan advised Beyout Investment Group Holding (“BIG”), a family business group managing integrated services portfolios, on the successful offering of 90,000,000 ordinary shares, representing 30% of BIG issued share capital and its listing on the Premier Market of the Kuwait Stock Exchange. This landmark transaction… Read more

MEYSAN ADVISES AGILITY ON LANDMARK USD 4.5 BILLION ABU DHABI SECURITIES EXCHANGE DEBUT
MEYSAN ADVISES AGILITY ON LANDMARK USD 4...

Abu Dhabi — A team of lawyers from international law firm Meysan recently acted as legal advisor to Agility Public Warehousing Company KSCP (“Agility”) on the successful direct listing on the main market of the Abu Dhabi Securities Exchange (ADX) of shares in subsidiary, Agility Global PLC (“Agility Global”).  Agility Global is a… Read more

Meysan provides advisory services to ALLUB Industrial Company in the acquisition of 100% stake of Al Aber Global Industrial Company
Meysan provides advisory services to ALL...

Meysan Partners’ Riyadh office provided advisory services to ALLUB Industrial Company, a subsidiary of a large Kuwait based group (“Allub”), regarding the acquisition of 100% stake of Al Aber Global Industrial Company, a leading group operating in transformative industries and construction services in Saudi Arabia. The planned acquisition was executed… Read more

Meysan Dismisses Claims Over $100 Million Against Global Automotive Company.
Meysan Dismisses Claims Over $100 Millio...

The Meysan team has secured another monumental legal victory. Spearheaded by Dr. Abdulwahab Sadeq and Senior Counsel Tarek Diab, the team represented a global automotive company and a local dealer in a legal dispute with their former local agent, who demanded various compensations amounting to approximately one hundred million US dollars. Despite the… Read more

Meysan advised UPayments in the sale of 51% of its shares to NBK
Meysan advised UPayments in the sale of ...

20 February 2024, Kuwait City, Kuwait - Meysan Partners played a key role in advising UPayments, a prominent online payment solution provider, on the sale of a 51% stake to the National Bank of Kuwait (“NBK”). This strategic transaction underscores UPayments' remarkable success in the burgeoning Fintech industry, where they have… Read more

Meysan Obtains Rare Annulment of Previous ICSID Judgment; only 5% of Annulment Applications Granted in the History of ICSID – Agility Will Refile Claims Against Iraq.
Meysan Obtains Rare Annulment of Previou...

In a major Victory for Agility, this Action is a Bellwether of Whether there is a True Rule of Law for Those Who Invest in Iraq Three years ago, an international arbitration tribunal constituted under the auspices of the International Centre for the Settlement of Investment Disputes (ICSID) denied claims… Read more