Having won the Qatar M&A Deal of the Year Award at the IFLR Middle East Awards ceremony in Dubai on October 15. 2014 for our work on the landmark Barwa/Qatari Diar Real Estate transaction, White & Case’s Middle East and African M&A practice has received further recognition in seeing the team achieve top ranking of #1 M&A Legal Advisor in the Middle East and Africa by deal value in Mergermarket’s most recent rankings.
The highly regarded rankings underscore the growing reputation of White & Case’s M&A team in the Middle East and African markets, and further illustrate the Firm’s standing as a leading global M&A practice. In comparative terms in the same rankings, the Firm was ranked 111th in 2012, and 4th in 2013.
Deal highlights over the past 12 months have included not only acting on the US$4.6 billion award-winning Qatari transactions, but also acting on the acquisition of a 37 percent stake in Barwa Bank, one of Qatar’s largest financial institutions, for US$656 million, advising Nigeria’s Guaranty Trust Bank plc on its US$104 million acquisition of a 70 percent stake in Fina Bank Limited, advising Warid Telecom on the sales of its businesses in Congo and Uganda to Bharti Airtel, and acting for Samena Capital on its recently completed investment in Flemingo Duty Free.
The team has also advised on outbound M&A mandates for GCC-based clients in Kazakhstan, Jordan, Algeria, Singapore, India, Egypt, Ivory Coast, Japan, Spain, Italy, France, the Netherlands and across the GCC during the past year, and it is advising on ongoing mandates in the United States, Asia, the Middle East and South Africa, in addition to a number of GCC originated IPOs.