I&D assisted and advised the largest European player in the cement sector in its full acquisition of the largest cement manufacturer in the Egyptian market in a transaction value of almost 15 billion USD the largest acquisition in the history of the Egyptian capital market. The acquisition included the direct purchase of shares from the majority stakeholder in the target manufacturer and shares swap.
The firm assisted the client in relation to all the aspects related to the acquisition including drafting shareholder and share transfer agreements, conducting due diligence on the target, the implementation of the shares transfer and the amendment of the corporate structure including procuring all the relevant regulatory approvals.